New York 2025 Session Status: Introduced

S4271 — Relates to licensing consumer debt collectors

Last action — In Senate Committee

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  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 February 03, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

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 establishes licensing requirements for consumer debt collectors.

The legislation sets minimum standards and regulations for consumer debt collectors and establishes penalties for violations. It aims to ensure that debt collectors operate within a regulated framework.

What this means for you
  • Consumers: Consumers may experience more regulated and transparent practices from debt collectors.

Summary

Relates to licensing consumer debt collectors; sets minimum standards and regulations; establishes penalties for violations.

Bill Text

Action History

  1. PRINT NUMBER 4271A

  2. AMEND AND RECOMMIT TO FINANCE

  3. REPORTED AND COMMITTED TO FINANCE

  4. REFERRED TO BANKS

  5. RETURNED TO SENATE

  6. DIED IN ASSEMBLY

  7. REFERRED TO BANKS

  8. DELIVERED TO ASSEMBLY

  9. PASSED SENATE

  10. ADVANCED TO THIRD READING

  11. 2ND REPORT CAL.

  12. 1ST REPORT CAL.1352

  13. REPORTED AND COMMITTED TO FINANCE

  14. REFERRED TO BANKS

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

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

Subjects

public-safety 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 S4271 do?
Relates to licensing consumer debt collectors; sets minimum standards and regulations; establishes penalties for violations.
Who sponsors S4271?
S4271 is sponsored by Brian Kavanagh.
What is the current status of S4271?
This bill has been introduced in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.
Where can I track S4271?
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Last checked for changes 4 months ago · updated continuously

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