Fabio
3.6 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | |||||
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| Bill | Provides for the regulation of federal home equity conversion mortgages | Provides for the regulation of reverse mortgages that are issued under the federal home equity conversion mortgage program; prohibits the deceptive advertising and issuance of such mortgages; requires that independent counseling be provided to applicants for such mortgages; requires lenders to provide notice of duty of mortgagor to pay certain property related expenses when equity in the real property is low or depleted; prohibits foreclosure on mortgaged property based on the failure of the mortgagor to live on the property, until an inspection has been made at the property; establishes a proved right of action with treble damages for violations of such provisions. | us/states/ny | New York Legislature | 2019-2020 | A 5626 | New York A 5626 (2019-2020) |
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enacted |
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1 | 14 | 2 | 2019-02-14 | 2019-12-06 | openstates | ocd-bill/db7c33e4-9d9e-4b96-9a56-a35929fe3d7a | http://www.nysenate.gov/legislation/bills/2019/A5626 | c7b05e1278678db3831340a517bd984260cf104f9f5ca5f5ff68f5c16af579ea | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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New York A 5626 (2019-2020) — Provides for the regulation of federal home equity conversion mortgages
Provides for the regulation of reverse mortgages that are issued under the federal home equity conversion mortgage program; prohibits the deceptive advertising and issuance of such mortgages; requires that independent counseling be provided to applicants for such mortgages; requires lenders to provide notice of duty of mortgagor to pay certain property related expenses when equity in the real property is low or depleted; prohibits foreclosure on mortgaged property based on the failure of the mortgagor to live on the property, until an inspection has been made at the property; establishes a proved right of action with treble damages for violations of such provisions.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- A5626 (committee substitute) — source
Votes
- Floor Vote — 59–2 (pass) · upper
- Assembly Vote — 141–0 (pass) · lower
Sponsors
- WEINSTEIN — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2019-02-14 REFERRED TO JUDICIARY
referral-committee - 2019-04-30 REPORTED REFERRED TO CODES
referral-committee - 2019-05-07 REPORTED
- 2019-05-09 ADVANCED TO THIRD READING CAL.301
- 2019-05-15 PASSED ASSEMBLY
passage - 2019-05-15 DELIVERED TO SENATE
- 2019-05-15 REFERRED TO AGING
referral-committee - 2019-05-21 SUBSTITUTED FOR S4407
- 2019-05-21 3RD READING CAL.741
- 2019-05-21 PASSED SENATE
passage - 2019-05-21 RETURNED TO ASSEMBLY
- 2019-11-26 DELIVERED TO GOVERNOR
executive-receipt - 2019-12-06 SIGNED CHAP.581
executive-signature - 2019-12-06 APPROVAL MEMO.27
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/db7c33e4-9d9e-4b96-9a56-a35929fe3d7a. Confidence: reported (aggregated from official New York legislature records).