New York · 2025 Regular Session · Bill
S 5790: Establishes the New York student loan assistance and home purchase act
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 5790 is a bill introduced in the New York Senate on March 3, 2025. According to its official title, it concerns: Establishes the New York student loan assistance and home purchase act. Primary sponsor: Luis Sepúlveda (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS.
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.
Establishes the "New York student loan assistance and home purchase act" for the purposes of facilitating the purchase of homes by individuals who are burdened by student debt, by providing financing opportunities for the consolidation of student debt into a mortgage.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Luis Sepúlveda | Primary sponsor | Democratic | Senate | 32 |
“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 CORPORATIONS, AUTHORITIES AND COMMISSIONS
- REPORTED AND COMMITTED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
- REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS