What's happening
This bill prohibits credit agencies from reporting new adverse information on furloughed federal employees during and shortly after a federal government furlough.
Why it matters
Protects financial reputations during crises. By preventing credit agencies from reporting new negative information accrued during a federal furlough, the bill helps shield affected federal employees from long-term damage to their credit scores due to circumstances beyond their control.
Temporary relief with a defined window. The prohibition on reporting lasts through the furlough period and for 90 days afterward, giving furloughed employees a buffer period to recover financially before any new adverse information can impact their credit.
Specific eligibility and documentation required. Only New York residents who are federal employees, have missed at least one pay period due to a furlough, and can provide proof of employment and residency are covered, ensuring the protection is narrowly targeted to those most directly impacted.
Maintains integrity of prior credit history. The measure does not erase or alter any negative credit information from before the furlough, focusing instead on preventing additional harm during the designated period, which balances consumer protection with accurate credit reporting.
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Who cares
Headline styles
Protect Furloughed Workers’ Credit
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to consumer affairs and protection
- Print number 5400a
- Amend and recommit to consumer affairs and protection
- Referred to consumer affairs and protection
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Protect Furloughed Workers’ Credit
In Senate Committee · Consumer Protection · Sponsor Kevin Thomas
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5400--A
2019-2020 Regular Sessions
IN ASSEMBLY
February 11, 2019
Introduced by M. of A. DenDEKKER -- read once and referred to the Committee on Consumer Affairs and Protection -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to amend the general business law, in relation to adverse information in credit reports of certain furloughed federal government employees
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 380-v of the general business law, as relettered by chapter 441 of the laws of 2014, is renumbered section 380-w and a new section 380-v is added to read as follows:
§ 380-v. Furloughed federal employees. No consumer reporting agency shall report or maintain in the consumer report or file of a consumer any new adverse information on a consumer who is a federal employee impacted by a federal government furlough as set forth in this section, which was obtained by the consumer reporting agency during such furlough period. A credit reporting agency may report adverse information on a consumer beginning ninety days after the end of a furlough period provided that no such adverse information shall have been derived or obtained during the furlough period. The provisions of this section shall not apply to adverse information developed or reported prior to a federal government furlough. The provisions of this section shall apply to New York residents employed by the federal government who are furloughed or who have been designated non-pay federal employees and who have not received their regular salary or wages due to a federal government furlough which lasts at least one pay period from the start of such furlough. A consumer shall have the burden of establishing that they are a New York state resident, a federal employee, and that they have been impacted by a federal government furlough. Proof of New York state residency may be made by a utility bill or driver's license. A pay stub issued within thirty days shall be proof of federal employment.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08913-05-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.