New York · 2025 Regular Session · Bill
A 4918: Relates to interest rate limitations for financing arrangements and the extension of credit
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 4918 is a bill introduced in the New York House on February 10, 2025. According to its official title, it concerns: Relates to interest rate limitations for financing arrangements and the extension of credit. Primary sponsor: Steven Raga (Democratic). It lists 19 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO BANKS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides interest rate limitations for financing arrangements and the extension of consumer credit; relates to the definitions of criminal usury in the first and second degrees; relates to the functions of the attorney general regarding rental purchase agreements.
Sponsors
Sponsors by party (alphabetical): Democratic 10 · Democratic/Independence/Working Families 1 · Democratic/Working Families 8
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Steven Raga | Primary sponsor | Democratic | House | 30 |
| Chris Burdick | Co-sponsor | Democratic/Independence/Working Families | House | 93 |
| Noah Burroughs | Co-sponsor | Democratic/Working Families | House | 18 |
| Maritza Davila | Co-sponsor | Democratic | House | 53 |
| Harvey Epstein | Co-sponsor | Not applicable (committee) | — | — |
| Charles Fall | Co-sponsor | Democratic | House | 61 |
| Phara Souffrant Forrest | Co-sponsor | Democratic | House | 57 |
| Emily Gallagher | Co-sponsor | Democratic | House | 50 |
| Deborah Glick | Co-sponsor | Democratic | House | 66 |
| Jessica González-Rojas | Co-sponsor | Democratic/Working Families | House | 34 |
| Grace Lee | Co-sponsor | Democratic | House | 65 |
| Jen Lunsford | Co-sponsor | Democratic/Working Families | House | 135 |
| Marcela Mitaynes | Co-sponsor | Democratic/Working Families | House | 51 |
| Nader Sayegh | Co-sponsor | Democratic | House | 90 |
| Tommy John Schiavoni | Co-sponsor | Democratic/Working Families | House | 1 |
| Amanda Septimo | Co-sponsor | Democratic/Working Families | House | 84 |
| MaryJane Shimsky | Co-sponsor | Democratic/Working Families | House | 92 |
| Sarahana Shrestha | Co-sponsor | Democratic/Working Families | House | 103 |
| Yudelka Tapia | Co-sponsor | Democratic | House | 86 |
| Emérita Torres | Co-sponsor | Democratic | House | 85 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO BANKS
- REFERRED TO BANKS