New York 2025 Session Status: Introduced

S1477 — Relates to the purchase of claims by corporations or collection agencies

Last action — In Assembly Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 10, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Stalled 26% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • Introduced

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 5 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

This bill addresses how corporations or collection agencies purchase claims against debtors.

The bill outlines the process for corporations or collection agencies purchasing claims against individuals or businesses. It clarifies the intentions and purposes of assignees when taking on claims that are not against eligible obligors.

Summary

Relates to the purchase of claims by corporations or collection agencies; relates to the inference of an assignee's intent and purpose in taking an assignment of a claim against an obligor that is not an eligible obligor.

Bill Text

Action History

  1. REFERRED TO JUDICIARY

  2. DELIVERED TO ASSEMBLY

  3. PASSED SENATE

  4. AMENDED ON THIRD READING 1477A

  5. ADVANCED TO THIRD READING

  6. 2ND REPORT CAL.

  7. 1ST REPORT CAL.1199

  8. REPORTED AND COMMITTED TO FINANCE

  9. REFERRED TO JUDICIARY

  10. RETURNED TO SENATE

  11. DIED IN ASSEMBLY

  12. REFERRED TO JUDICIARY

  13. DELIVERED TO ASSEMBLY

  14. PASSED SENATE

  15. ORDERED TO THIRD READING CAL.1474

  16. COMMITTEE DISCHARGED AND COMMITTED TO RULES

  17. REFERRED TO JUDICIARY

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on · 22 voted No

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Floor vote

Passed 39 Yea · 22 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 392202
Total 392202
% of votes cast 62%35%0%3%
How each member voted (63)
Member Party Vote
Alexis Weik — Nay
Andrea Stewart-Cousins — Yea
Andrew Gounardes — Yea
Andrew J. Lanza — Nay
Anthony H. Palumbo — Nay
April Baskin — Yea
Brian Kavanagh — Yea
Christopher Ryan — Yea
Cordell Cleare — Yea
Dan Stec — Nay
Dean Murray — Nay
Erik Bottcher — Yea
George Borrello — Nay
Gustavo Rivera — Yea
Jabari Brisport — Yea
Jack M. Martins — Nay
Jake Ashby — Nay
Jamaal Bailey — Yea
James Sanders Jr. — Yea
James Skoufis — Yea
James Tedisco — Nay
Jeremy Cooney — Not Voting
Jeremy Zellner — Yea
Jessica Ramos — Yea
Jessica Scarcella-Spanton — Yea
John Liu — Yea
Joseph A. Griffo — Nay
Joseph P. Addabbo Jr. — Yea
José M. Serrano — Yea
Julia Salazar — Yea
Kevin S. Parker — Not Voting
Kristen Gonzalez — Yea
Lea Webb — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Mario Mattera — Nay
Mark Walczyk — Nay
Michael Gianaris — Yea
Michelle Hinchey — Yea
Monica Martinez — Yea
Nathalia Fernandez — Yea
Pamela Helming — Nay
Patricia Canzoneri-Fitzpatrick — Nay
Patricia Fahy — Yea
Patrick M. Gallivan — Nay
Pete Harckham — Yea
Peter Oberacker — Nay
Rachel May — Yea
Robert Jackson — Yea
Robert Ortt — Nay
Robert Rolison — Nay
Roxanne J. Persaud — Yea
Sam Sutton — Yea
Samra Brouk — Yea
Shelley Mayer — Yea
Siela Bynoe — Yea
Stephen T. Chan — Nay
Steve Rhoads — Nay
Thomas F. O'Mara — Nay
Toby Ann Stavisky — Yea
William Weber — Nay
Zellnor Myrie — Yea

Official roll call →

Committee vote — Finance

Passed 14 Yea · 6 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 14602
Total 14602
% of votes cast 64%27%0%9%
How each member voted (22)
Member Party Vote
Andrew Gounardes — Yea
George Borrello — Nay
Gustavo Rivera — Yea
Jamaal Bailey — Yea
James Skoufis — Yea
Jeremy Cooney — Yea
Jessica Ramos — Yea
John Liu — Yea
Joseph A. Griffo — Nay
Julia Salazar — Yea
Kevin S. Parker — Yea
Leroy Comrie — Yea
Liz Krueger — Not Voting
Luis R. Sepúlveda — Yea
Michelle Hinchey — Yea
Pamela Helming — Nay
Patrick M. Gallivan — Nay
Peter Oberacker — Not Voting
Shelley Mayer — Yea
Thomas F. O'Mara — Nay
Toby Ann Stavisky — Yea
William Weber — Nay

Official roll call →

Committee vote — Judiciary

Passed 13 Yea · 6 Nay
Party YeaNayPresentNot Voting
Unaffiliated 13600
Total 13600
% of votes cast 68%32%0%0%
How each member voted (19)
Member Party Vote
Andrew Gounardes — Yea
Andrew J. Lanza — Nay
Anthony H. Palumbo — Nay
Erik Bottcher — Yea
Jack M. Martins — Nay
Jamaal Bailey — Yea
James Skoufis — Yea
Jeremy Cooney — Yea
Jeremy Zellner — Yea
Jessica Ramos — Yea
John Liu — Yea
Kevin S. Parker — Yea
Luis R. Sepúlveda — Yea
Patricia Canzoneri-Fitzpatrick — Nay
Shelley Mayer — Yea
Steve Rhoads — Nay
Thomas F. O'Mara — Nay
Toby Ann Stavisky — Yea
Zellnor Myrie — Yea

Official roll call →

Floor vote

Passed 36 Yea · 22 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 362205
Total 362205
% of votes cast 57%35%0%8%
How each member voted (63)
Member Party Vote
Alexis Weik — Nay
Andrea Stewart-Cousins — Yea
Andrew Gounardes — Yea
Andrew J. Lanza — Nay
Anthony H. Palumbo — Nay
April Baskin — Yea
Brad Hoylman-Sigal — Yea
Brian Kavanagh — Yea
Christopher Ryan — Yea
Cordell Cleare — Yea
Dan Stec — Nay
Dean Murray — Nay
George Borrello — Nay
Gustavo Rivera — Yea
Jabari Brisport — Yea
Jack M. Martins — Nay
Jake Ashby — Nay
Jamaal Bailey — Yea
James Sanders Jr. — Yea
James Skoufis — Yea
James Tedisco — Nay
Jeremy Cooney — Yea
Jessica Ramos — Not Voting
Jessica Scarcella-Spanton — Yea
John Liu — Yea
Joseph A. Griffo — Nay
Joseph P. Addabbo Jr. — Yea
José M. Serrano — Yea
Julia Salazar — Yea
Kevin S. Parker — Not Voting
Kristen Gonzalez — Yea
Lea Webb — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Mario Mattera — Nay
Mark Walczyk — Nay
Michael Gianaris — Yea
Michelle Hinchey — Yea
Monica Martinez — Yea
Nathalia Fernandez — Yea
Pamela Helming — Nay
Patricia Canzoneri-Fitzpatrick — Nay
Patricia Fahy — Yea
Patrick M. Gallivan — Nay
Pete Harckham — Yea
Peter Oberacker — Nay
Rachel May — Yea
Robert Jackson — Yea
Robert Ortt — Nay
Robert Rolison — Nay
Roxanne J. Persaud — Yea
Sam Sutton — Yea
Samra Brouk — Not Voting
Sean Ryan — Not Voting
Shelley Mayer — Yea
Siela Bynoe — Yea
Stephen T. Chan — Nay
Steve Rhoads — Nay
Thomas F. O'Mara — Nay
Toby Ann Stavisky — Yea
William Weber — Nay
Zellnor Myrie — Not Voting

Official roll call →

Committee vote — Rules

Passed 13 Yea · 7 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 13701
Total 13701
% of votes cast 62%33%0%5%
How each member voted (21)
Member Party Vote
Andrea Stewart-Cousins — Yea
Andrew J. Lanza — Nay
Brad Hoylman-Sigal — Yea
Dan Stec — Nay
Jamaal Bailey — Yea
John Liu — Yea
Joseph A. Griffo — Nay
Joseph P. Addabbo Jr. — Yea
Kevin S. Parker — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Michael Gianaris — Yea
Nathalia Fernandez — Yea
Pamela Helming — Nay
Patrick M. Gallivan — Nay
Pete Harckham — Yea
Robert Ortt — Nay
Shelley Mayer — Yea
Thomas F. O'Mara — Nay
Zellnor Myrie — Not Voting

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S1477 do?
Relates to the purchase of claims by corporations or collection agencies; relates to the inference of an assignee's intent and purpose in taking an assignment of a claim against an obligor that is not an eligible obligor.
Who sponsors S1477?
S1477 is sponsored by Liz Krueger.
What is the current status of S1477?
This bill has been introduced in the Senate. Introduced January 10, 2025. It must pass committee before a floor vote.
Where can I track S1477?
Track S1477 free on One Click Politics — get push/email alerts when it moves.

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