Home/Bills/A 8067New York · 2025–2026 Legislative Session
Assembly BillChaptered/Signed

A 8067: Relates to an exemption from the licensing requirements for servicers of student loans.

New York · Assembly · 2025–2026 Legislative Session · last verified December 6, 2025

What A 8067 does, verified December 6, 2025

The bill aims to exempt certain organizations from licensing requirements to serve student loans. These organizations, known as student loan servicers, are exempt from the licensing provisions if they comply with specific federal and state regulations. The exempt organization must notify the state superintendent that it is servicing student loans in the state and adhere to the relevant laws and regulations. The exemptions take effect immediately.

Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
✓GovernorComplete
6ChapteredCurrent
Last action: signed chap.589 (2025-12-05)Alert me
Quick answers about A 8067
What is the current status of A 8067?
As of December 6, 2025, A 8067 is recorded as "Chaptered/Signed": it has been signed by the Governor and chaptered into law. The last recorded action, on December 5, 2025, was "signed chap.589".
Did A 8067 pass?
Yes. A 8067 passed both houses and was signed into law (last action December 5, 2025). New York laws take effect on the date written into the bill, often immediately on signing or a set number of days afterward.
Who wrote A 8067, and where is it now?
A 8067 was authored by Asm. Vacant Member with 2 coauthors.
Recent actions13 total · showing 5
Dec. 05, 2025signed chap.589
Dec. 01, 2025delivered to governor
Jun. 12, 2025RETURNED TO ASSEMBLY
Jun. 12, 2025PASSED SENATE
Jun. 12, 20253RD READING CAL.1173
Full action history, 8 earlier actionsConnect Plus
Latest bill textIntroduced version, April 23, 2025 · 257 words
  
  STATE OF NEW YORK ________________________________________________________________________ 8067 2025-2026 Regular Sessions  IN ASSEMBLY April 23, 2025 ___________ Introduced by M. of A. EPSTEIN -- read once and referred to the Commit- tee on Banks AN ACT to amend the financial services law, in relation to requiring private nonprofit postsecondary providers of higher education which service student loans to submit an annual report relating to student loan services provided The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subdivision 1 of section 902 of 2 the financial services law, as amended by chapter 15 of the laws of 3 2025, is amended to read as follows: 4 Each student loan servicer and private nonprofit postsecondary provid- 5 er of higher education servicing student loans, as "servicing" is 6 defined in subdivision seven of section seven hundred ten of the banking 7 law, shall, by the first of April of each year, submit an annual report 8 which complies with any instructions published by the superintendent, in 9 the manner set forth in such instructions, certifying as accurate the 10 following information for the private education debt such student loan 11 servicer or private nonprofit postsecondary provider of higher education 12 servicing student loans serviced during the prior calendar year: 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11792-01-5 
Text of A 8067 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions
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