New York · 2025 Regular Session · Bill
S 5600: Provides for a cap on the credit service charge computed and collected on a retail instalment contract
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 5600 is a bill introduced in the New York Senate on February 25, 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: Rachel May (Democratic/Working Families). It lists 1 additional sponsor. Most recent recorded action (March 23, 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/Working Families 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Rachel May | Primary sponsor | Democratic/Working Families | Senate | 48 |
| Lea Webb | Co-sponsor | Democratic/Working Families | Senate | 52 |
“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 CONSUMER AFFAIRS AND PROTECTION
- DELIVERED TO ASSEMBLY
- PASSED SENATE
- ADVANCED TO THIRD READING
- 2ND REPORT CAL.
- 1ST REPORT CAL.183
- REFERRED TO CONSUMER PROTECTION
- RETURNED TO SENATE
- DIED IN ASSEMBLY
- REFERRED TO CONSUMER AFFAIRS AND PROTECTION
- DELIVERED TO ASSEMBLY
- PASSED SENATE
Showing 12 most recent of 16 actions. Full history