---
type: "Bill"
title: "Relates to directing the department of financial services to submit a report concerning licensure and other practices of businesses engaged in pension loan advancements by January 1, 2019; repealer"
description: "Relates to directing the department of financial services to submit a report concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements on or before January 1, 2019."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2017-2018"
identifier: "S 7302"
citation: "New York S 7302 (2017-2018)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["HAMILTON"]
version_count: 2
action_count: 11
vote_count: 3
first_action: "2018-01-05"
last_action: "2018-04-18"
source: "openstates"
source_identifier: "ocd-bill/d09ccae9-9484-4b79-89ce-d214d2359772"
source_url: "http://www.nysenate.gov/legislation/bills/2017/S7302"
source_hash: "735807da433bae1a0af3701675fdbc9e4b054ddd781f9092e5d8c3c861d98c6c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 7302 (2017-2018) — Relates to directing the department of financial services to submit a report concerning licensure and other practices of businesses engaged in pension loan advancements by January 1, 2019; repealer

Relates to directing the department of financial services to submit a report concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements on or before January 1, 2019.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S7302 HTML** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S7302&term=2017&Text=Y)
2. **S7302 PDF** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2017/S7302)

## Votes

- Rules Vote — **25–0** (pass) · upper
- Floor Vote — **61–0** (pass) · upper
- Assembly Vote — **107–29** (pass) · lower

## Sponsors

- HAMILTON — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-01-05** REFERRED TO RULES `referral-committee`
- **2018-01-08** ORDERED TO THIRD READING CAL.30
- **2018-01-09** PASSED SENATE `passage`
- **2018-01-09** DELIVERED TO ASSEMBLY
- **2018-01-09** REFERRED TO BANKS `referral-committee`
- **2018-02-12** SUBSTITUTED FOR A8950
- **2018-02-12** ORDERED TO THIRD READING CAL.659
- **2018-03-28** PASSED ASSEMBLY `passage`
- **2018-03-28** RETURNED TO SENATE
- **2018-04-06** DELIVERED TO GOVERNOR `executive-receipt`
- **2018-04-18** SIGNED CHAP.23 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d09ccae9-9484-4b79-89ce-d214d2359772`. Confidence: reported (aggregated from official New York legislature records).