Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 2 Sponsors

Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.

Chamber: House
Introduced: Jan 8, 2025
Last action: Jan 7, 2026 — REFERRED TO JUDICIARY
Session: 2025-2026
Momentum: 29 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 5%, measured from NY's completed sessions
Momentum -5 29/100 from the pace of recorded action
Time since last action -22 288 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.