df176ce612
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
82 lines
3.1 KiB
Markdown
82 lines
3.1 KiB
Markdown
---
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type: "Bill"
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title: "Relates to the rate of interest on money judgments in certain actions involving consumer debt"
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description: "Provides that the rate of interest on money judgments in actions involving consumer debt where the defendant is a natural person shall be calculated at a rate of two percent."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2021-2022"
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identifier: "S 5724"
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citation: "New York S 5724 (2021-2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["THOMAS"]
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version_count: 2
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action_count: 14
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vote_count: 3
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first_action: "2021-03-17"
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last_action: "2021-12-31"
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source: "openstates"
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source_identifier: "ocd-bill/1a81f485-2c80-43b4-9ee2-ca607714be3c"
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source_url: "http://www.nysenate.gov/legislation/bills/2021/S5724"
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source_hash: "74d4bd613bea9acf5fce2c405f988121df5d3f8ba83ab6b88b906f4741fe2af4"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York S 5724 (2021-2022) — Relates to the rate of interest on money judgments in certain actions involving consumer debt
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Provides that the rate of interest on money judgments in actions involving consumer debt where the defendant is a natural person shall be calculated at a rate of two percent.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **S5724** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S5724&term=2021&Text=Y)
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2. **S5724A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5724A)
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## Votes
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- Judiciary Vote — **13–2** (pass) · upper
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- Assembly Vote — **107–42** (pass) · lower
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- Floor Vote - Version: A — **45–18** (pass) · upper
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## Sponsors
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- THOMAS — primary (person)
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- BIAGGI — cosponsor (person)
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- BROOKS — cosponsor (person)
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- JACKSON — cosponsor (person)
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- KRUEGER — cosponsor (person)
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- MYRIE — cosponsor (person)
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- RAMOS — cosponsor (person)
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- RIVERA — cosponsor (person)
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- SEPULVEDA — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-03-17** REFERRED TO JUDICIARY `referral-committee`
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- **2021-05-11** 1ST REPORT CAL.1003
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- **2021-05-12** 2ND REPORT CAL.
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- **2021-05-19** ADVANCED TO THIRD READING
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- **2021-06-03** AMENDED ON THIRD READING 5724A `amendment-passage`
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- **2021-06-08** PASSED SENATE `passage`
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- **2021-06-08** DELIVERED TO ASSEMBLY
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- **2021-06-08** REFERRED TO CODES `referral-committee`
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- **2021-06-10** SUBSTITUTED FOR A6474A
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- **2021-06-10** ORDERED TO THIRD READING CAL.328
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- **2021-06-10** PASSED ASSEMBLY `passage`
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- **2021-06-10** RETURNED TO SENATE
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- **2021-12-20** DELIVERED TO GOVERNOR `executive-receipt`
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- **2021-12-31** SIGNED CHAP.831 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1a81f485-2c80-43b4-9ee2-ca607714be3c`. Confidence: reported (aggregated from official New York legislature records).
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