STATE OF NEW YORK
________________________________________________________________________
11254
IN ASSEMBLY
May 4, 2026
___________
Introduced by M. of A. ROSENTHAL -- read once and referred to the
Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to removing
certain language relating to requests for reconsideration of creditor
determinations
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 4 of section 604-bb of the general business
2 law, as amended by chapter 90 of the laws of 2026, is amended to read as
3 follows:
4 4. A debtor who receives written notice under paragraph (c) of subdi-
5 vision three of this section that the creditor will recommence
6 collection activities against such debtor based on such creditor's
7 determination under subdivision three of this section may make a request
8 to the creditor that the creditor reconsider such determination to
9 recommence collection activities within thirty days of the date of mail-
10 ing of such written determination. A debtor requesting reconsideration
11 of a creditor's determination to recommence collection activities shall
12 be permitted to submit additional adequate documentation of coerced
13 debt, as defined in this article. A creditor who receives a debtors
14 request for reconsideration shall complete a review of all information,
15 including additional adequate documentation submitted, within thirty
16 days of receiving such request. Any further reconsideration of the cred-
17 itor's determination with regard to such particular debt shall be at the
18 discretion of the creditor. [Submitting a request for reconsideration of
19 the determination to the creditor shall not be a condition to bringing
20 an action under section six hundred four-cc of this article.]
21 § 2. This act shall take effect on the same date and in the same
22 manner as chapter 90 of the laws of 2026, takes effect.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15737-01-6
