Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 04, 2022 |
referred to banks delivered to assembly passed senate |
Feb 03, 2022 |
advanced to third reading |
Feb 02, 2022 |
2nd report cal. |
Feb 01, 2022 |
1st report cal.391 |
Jan 05, 2022 |
referred to labor returned to senate died in assembly |
Apr 27, 2021 |
referred to banks delivered to assembly passed senate |
Mar 04, 2021 |
advanced to third reading |
Mar 03, 2021 |
2nd report cal. |
Mar 02, 2021 |
1st report cal.494 |
Feb 23, 2021 |
print number 859a |
Feb 23, 2021 |
amend and recommit to labor |
Jan 06, 2021 |
referred to labor |
Senate Bill S859A
2021-2022 Legislative Session
Sponsored By
(D) 26th Senate District
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2021-S859 - Details
2021-S859 - Sponsor Memo
BILL NUMBER: S859 SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the labor law, in relation to student loan repayment information PURPOSE OR GENERAL IDEA OF BILL: To require employers to provide newly hired employees with a notice detailing student loan repayment options that may be available to borrowers. SUMMARY OF PROVISIONS: Section one amends section 217-a of the Labor Law to require the Commis- sioner of Labor, the Commissioner of Education, and the Superintendent of Financial Services, to develop a notice outlining student loan repay- ment options, including ways to consolidate federal loans and income- based repayment options and the website for the Department of Financial
2021-S859 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 859 2021-2022 Regular Sessions I N S E N A T E (PREFILED) January 6, 2021 ___________ Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when printed to be committed to the Committee on Labor AN ACT to amend the labor law, in relation to student loan repayment information THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The labor law is amended by adding a new section 217-a to read as follows: § 217-A. STUDENT LOAN REPAYMENT INFORMATION TO BE PROVIDED. 1. THE COMMISSIONER, IN CONSULTATION WITH THE COMMISSIONER OF EDUCATION AND THE SUPERINTENDENT OF FINANCIAL SERVICES, SHALL DEVELOP A NOTICE, PAMPHLET OR OTHER WRITTEN MATERIALS REGARDING RESPONSIBILITIES AND REPAYMENT OPTIONS FOR STUDENT LOANS. SUCH MATERIALS SHALL INCLUDE INFORMATION ABOUT CONSOLIDATION AND ALTERNATIVE FEDERAL STUDENT LOAN REPAYMENT PLANS, INCLUDING INCOME-BASED PROGRAMS, THAT DO NOT REQUIRE CONSOLIDAT- ING EXISTING FEDERAL STUDENT LOANS, THAT MAY BE AVAILABLE TO BORROWERS. SUCH MATERIALS SHALL ALSO PROVIDE DIRECTION TO ADDITIONAL RESOURCES INCLUDING THE WEBSITE FOR THE DEPARTMENT OF FINANCIAL SERVICES' STUDENT LENDING RESOURCE CENTER AT WWW.DFS.NY.GOV/STUDENTPROTECTION. 2. EVERY EMPLOYER IN THE STATE SHALL PROVIDE TO ANY PERSON HIRED ON OR AFTER THE EFFECTIVE DATE OF THIS SECTION A NOTICE WITH REGARD TO REPAY- MENT OF STUDENT LOANS DEVELOPED IN ACCORDANCE WITH THIS SECTION. 3. (A) "STUDENT LOAN" MEANS ANY LOAN TO A BORROWER TO FINANCE POST- SECONDARY EDUCATION OR EXPENSES RELATED TO POST-SECONDARY EDUCATION. (B) "BORROWER" MEANS ANY RESIDENT OF THIS STATE WHO HAS RECEIVED A STUDENT LOAN OR AGREED IN WRITING TO PAY A STUDENT LOAN OR ANY PERSON WHO SHARES A LEGAL OBLIGATION WITH SUCH RESIDENT FOR REPAYING A STUDENT LOAN. § 2. This act shall take effect on the one hundred eightieth day after it shall have become a law. Effective immediately, any rules and regu- lations necessary for the timely implementation of this act on its effective date shall be promulgated on or before such effective date.
co-Sponsors
(D) 15th Senate District
(D, WF) 31st Senate District
(D, WF) 48th Senate District
(D) 6th Senate District
2021-S859A (ACTIVE) - Details
2021-S859A (ACTIVE) - Sponsor Memo
BILL NUMBER: S859A SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the labor law, in relation to student loan repayment information PURPOSE OR GENERAL IDEA OF BILL: To require employers to provide newly hired employees with a notice detailing student loan repayment options that may be available to borrowers. SUMMARY OF PROVISIONS: Section one amends section 217-a of the Labor Law to require the Commis- sioner of Labor, the Commissioner of Education, and the Superintendent of Financial Services, to develop a notice outlining student loan repay- ment options, including ways to consolidate federal loans and income- based repayment options and the website for the Department of Financial
2021-S859A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 859--A 2021-2022 Regular Sessions I N S E N A T E (PREFILED) January 6, 2021 ___________ Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when printed to be committed to the Committee on Labor -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the labor law, in relation to student loan repayment information THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The labor law is amended by adding a new section 217-a to read as follows: § 217-A. STUDENT LOAN REPAYMENT INFORMATION TO BE PROVIDED. 1. THE COMMISSIONER, IN CONSULTATION WITH THE PRESIDENT OF THE HIGHER EDUCATION SERVICES CORPORATION, AND THE SUPERINTENDENT OF FINANCIAL SERVICES, SHALL DEVELOP A NOTICE, PAMPHLET OR OTHER WRITTEN MATERIALS REGARDING RESPONSIBILITIES AND REPAYMENT OPTIONS FOR STUDENT LOANS. SUCH MATERIALS SHALL INCLUDE INFORMATION ABOUT CONSOLIDATION AND ALTERNATIVE FEDERAL STUDENT LOAN REPAYMENT PLANS, INCLUDING INCOME-BASED PROGRAMS, THAT DO NOT REQUIRE CONSOLIDATING EXISTING FEDERAL STUDENT LOANS, THAT MAY BE AVAILABLE TO BORROWERS. SUCH MATERIALS SHALL ALSO PROVIDE DIRECTION TO ADDITIONAL RESOURCES INCLUDING THE WEBSITE FOR THE DEPARTMENT OF FINAN- CIAL SERVICES' STUDENT LENDING RESOURCE CENTER. ADDITIONAL MATERIALS SHALL BE DEVELOPED IN THE SAME MANNER REGARDING PUBLIC SERVICE LOAN FORGIVENESS OR REPAYMENT PROGRAMS. 2. EVERY EMPLOYER IN THE STATE SHALL PROVIDE UPON HIRING, TO ANY PERSON HIRED FOR A POST-GRADUATE INTERNSHIP OR AN ENTRY-LEVEL POSITION OF EMPLOYMENT THAT REQUIRES AN ASSOCIATE'S DEGREE OR HIGHER, ON OR AFTER THE EFFECTIVE DATE OF THIS SECTION A NOTICE WITH REGARD TO REPAYMENT OF STUDENT LOANS DEVELOPED IN ACCORDANCE WITH THIS SECTION, PROVIDED THAT PUBLIC EMPLOYERS SHALL ADDITIONALLY PROVIDE A NOTICE REGARDING PUBLIC SERVICE LOAN FORGIVENESS OR REPAYMENT PROGRAMS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.