Senate BillIntroduced
S 8292: Extends the effectiveness of provisions of law relating to permissible fees in connection with open end loans from June 30, 2025 until June 30, 2027.
What S 8292 does, verified September 28, 2025
The bill aims to extend the effectiveness of certain banking regulations regarding open-end loans. It amends a section of the law to make the current regulations remain in full force until June 30, 2027. After this date, the amendments made by the bill will expire and be repealed, and the original regulations will revert to their previous state.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: SUBSTITUTED BY A8409 (2025-06-10)Alert me
Quick answers about S 8292
- What is the current status of S 8292?
- As of September 28, 2025, S 8292 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on June 10, 2025, was "SUBSTITUTED BY A8409".
- Did S 8292 pass?
- Not yet. S 8292 has been introduced and has not passed either house.
- Who wrote S 8292, and where is it now?
- S 8292 was authored by Sen. James Sanders.
Author and sponsors
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| Jun. 10, 2025 | SUBSTITUTED BY A8409 |
| Jun. 04, 2025 | ORDERED TO THIRD READING CAL.1589 |
| Jun. 04, 2025 | COMMITTEE DISCHARGED AND COMMITTED TO RULES |
| May. 30, 2025 | REFERRED TO BANKS |
Latest bill textIntroduced version, May 30, 2025 · 237 words
STATE OF NEW YORK ________________________________________________________________________ 8292 2025-2026 Regular Sessions IN SENATE May 30, 2025 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend chapter 223 of the laws of 1996 amending the banking law relating to permissible fees in connection with open end loans, in relation to extending the effectiveness thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 3 of chapter 223 of the laws of 1996 amending the 2 banking law relating to permissible fees in connection with open end 3 loans, as amended by chapter 155 of the laws of 2023, is amended to read 4 as follows: 5 § 3. This act shall take effect immediately, and remain in full force 6 and effect until June 30, [2025] 2027, when, upon such date, the amend- 7 ments made by this act shall expire and be deemed repealed, and the 8 provisions of law amended by this act shall revert to their text and be 9 read as they were immediately prior to the effective date of this act. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10845-01-5
Text of S 8292 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions