---
type: "Bill"
title: "Prohibits banking organizations from issuing mail-loan checks without request or application therefor"
description: "Prohibits banking organizations from issuing mail-loan checks without request or application therefor; provides that failure to destroy or return a mail-loan check does not constitute an acceptance thereof; provides that mail-loan checks shall have the transaction fee and interest rate included on the check."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 4894"
citation: "New York S 4894 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["SANDERS"]
version_count: 1
action_count: 22
vote_count: 5
first_action: "2021-02-18"
last_action: "2022-05-05"
source: "openstates"
source_identifier: "ocd-bill/40407fe3-4328-49ba-82bf-bf51623cf733"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S4894"
source_hash: "2b9078a403af1a98c722f58e51bc61827a4f8a1f5e40930a0564a41f6af09980"
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 4894 (2021-2022) — Prohibits banking organizations from issuing mail-loan checks without request or application therefor

Prohibits banking organizations from issuing mail-loan checks without request or application therefor; provides that failure to destroy or return a mail-loan check does not constitute an acceptance thereof; provides that mail-loan checks shall have the transaction fee and interest rate included on the check.

## Version chain

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

1. **S4894** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S4894&term=2021&Text=Y)

## Votes

- Floor Vote — **55–8** (pass) · upper
- Assembly Vote — **109–37** (pass) · lower
- Floor Vote — **55–8** (pass) · upper
- Banks Vote — **11–0** (pass) · upper
- Banks Vote — **11–0** (pass) · upper

## Sponsors

- SANDERS — primary (person)

## Timeline

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

- **2021-02-18** REFERRED TO BANKS `referral-committee`
- **2021-04-27** 1ST REPORT CAL.798
- **2021-04-28** 2ND REPORT CAL.
- **2021-05-03** ADVANCED TO THIRD READING
- **2021-05-20** PASSED SENATE `passage`
- **2021-05-20** DELIVERED TO ASSEMBLY
- **2021-05-20** REFERRED TO CODES `referral-committee`
- **2022-01-05** DIED IN ASSEMBLY
- **2022-01-05** RETURNED TO SENATE
- **2022-01-05** REFERRED TO BANKS `referral-committee`
- **2022-02-15** 1ST REPORT CAL.498
- **2022-02-16** 2ND REPORT CAL.
- **2022-02-17** ADVANCED TO THIRD READING
- **2022-02-28** PASSED SENATE `passage`
- **2022-02-28** DELIVERED TO ASSEMBLY
- **2022-02-28** REFERRED TO CODES `referral-committee`
- **2022-03-29** SUBSTITUTED FOR A1693
- **2022-03-29** ORDERED TO THIRD READING CAL.82
- **2022-03-29** PASSED ASSEMBLY `passage`
- **2022-03-29** RETURNED TO SENATE
- **2022-04-27** DELIVERED TO GOVERNOR `executive-receipt`
- **2022-05-05** SIGNED CHAP.184 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/40407fe3-4328-49ba-82bf-bf51623cf733`. Confidence: reported (aggregated from official New York legislature records).