---
type: "Bill"
title: "Directs the department of financial services to study and make recommendations concerning lending practices to landlords acquiring property that includes small business and/or rent-regulated tenants"
description: "Directs the department of financial services to study, evaluate and make recommendations concerning lending practices by financial institutions to landlords acquiring property that includes small business and/or rent-regulated tenants; requires a report on the department's findings and recommendations for legislative action within eighteen months."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2019-2020"
identifier: "A 3275"
citation: "New York A 3275 (2019-2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["EPSTEIN"]
version_count: 3
action_count: 24
vote_count: 3
first_action: "2019-01-29"
last_action: "2020-12-23"
source: "openstates"
source_identifier: "ocd-bill/e86baccb-5ee3-4531-98a0-9eca24a6674c"
source_url: "http://www.nysenate.gov/legislation/bills/2019/A3275"
source_hash: "b4c566e7fdbbcaa5222645eda33b80068ffe69aa4aaee1f8194115f297c35144"
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 A 3275 (2019-2020) — Directs the department of financial services to study and make recommendations concerning lending practices to landlords acquiring property that includes small business and/or rent-regulated tenants

Directs the department of financial services to study, evaluate and make recommendations concerning lending practices by financial institutions to landlords acquiring property that includes small business and/or rent-regulated tenants; requires a report on the department's findings and recommendations for legislative action within eighteen months.

## Version chain

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

1. **A3275** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A3275&term=2019&Text=Y)
2. **A3275A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2019/A3275A)
3. **A3275B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2019/A3275B)

## Votes

- Assembly Vote - Vote 2 — **90–43** (pass) · lower
- Floor Vote - Version: B — **53–7** (pass) · upper
- Assembly Vote — **120–28** (pass) · lower

## Sponsors

- EPSTEIN — primary (person)
- BARRON — cosponsor (person)
- BLAKE — cosponsor (person)
- COOK — cosponsor (person)
- CRUZ — cosponsor (person)
- D'URSO — cosponsor (person)
- GLICK — cosponsor (person)
- GOTTFRIED R — cosponsor (person)
- MILLER MG — cosponsor (person)
- MOSLEY — cosponsor (person)
- ORTIZ — cosponsor (person)
- REYES — cosponsor (person)
- SIMON — cosponsor (person)
- TAYLOR — cosponsor (person)

## Timeline

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

- **2019-01-29** REFERRED TO BANKS `referral-committee`
- **2019-05-30** AMEND AND RECOMMIT TO BANKS `referral-committee, amendment-passage`
- **2019-05-30** PRINT NUMBER 3275A `amendment-passage`
- **2019-06-05** REPORTED REFERRED TO RULES `referral-committee`
- **2019-06-07** AMEND AND RECOMMIT TO RULES 3275B `referral-committee, amendment-passage`
- **2019-06-13** REPORTED
- **2019-06-13** RULES REPORT CAL.252
- **2019-06-13** ORDERED TO THIRD READING RULES CAL.252
- **2019-06-18** PASSED ASSEMBLY `passage`
- **2019-06-18** DELIVERED TO SENATE
- **2019-06-18** REFERRED TO RULES `referral-committee`
- **2020-01-08** DIED IN SENATE
- **2020-01-08** RETURNED TO ASSEMBLY
- **2020-01-08** ORDERED TO THIRD READING CAL.133
- **2020-03-11** PASSED ASSEMBLY `passage`
- **2020-03-11** DELIVERED TO SENATE
- **2020-03-11** REFERRED TO BANKS `referral-committee`
- **2020-07-22** SUBSTITUTED FOR S1476B
- **2020-07-22** 3RD READING CAL.875
- **2020-07-22** PASSED SENATE `passage`
- **2020-07-22** RETURNED TO ASSEMBLY
- **2020-12-11** DELIVERED TO GOVERNOR `executive-receipt`
- **2020-12-23** SIGNED CHAP.351 `executive-signature`
- **2020-12-23** APPROVAL MEMO.55

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e86baccb-5ee3-4531-98a0-9eca24a6674c`. Confidence: reported (aggregated from official New York legislature records).