From official state and federal legislative records. Informational only, not legal advice.
With a committee
A small team of lawmakers (a committee) is reading it closely and deciding if it's a good idea.
Next: the committee votes on whether it moves to the full chamber.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Directs the superintendent of financial services to conduct a study examining the feasibility of 40- and 50-year mortgages in the state of New York; requires such superintendent to submit a report of findings.