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New York · 2025 Regular Session · Bill

A 5741: Provides for a cap on the credit service charge computed and collected on a retail instalment contract

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 5741 is a bill introduced in the New York House on February 20, 2025. According to its official title, it concerns: Provides for a cap on the credit service charge computed and collected on a retail instalment contract. Primary sponsor: Erik Dilan (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO CONSUMER AFFAIRS AND PROTECTION.

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 for a cap on the credit service charge computed and collected on a retail instalment contract.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Erik DilanPrimary sponsorDemocraticHouse54

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO CONSUMER AFFAIRS AND PROTECTION
  2. REFERRED TO CONSUMER AFFAIRS AND PROTECTION

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source