New York legislation · 2025-2026 General Assembly
New York A8244: Relates to registrations of residential mortgages in default
Status: In committee, June 1, 2026
Increases fee amount authorized to be imposed on mortgagees or their agents.
What the bill says
An act to amend the real property actions and proceedings law, in relation to registrations of residential mortgages in default.
From the amended text, February 2, 2026:
AN ACT to amend the real property actions and proceedings law, in relation to registrations of residential mortgages in default THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 3 of section 1393 of the real property actions and proceedings law, as added by chapter 600 of the laws of 2022, is amended to read as follows: 3. Any local law, ordinance or resolution that allows for the registration of residential mortgages in default may impose a registration fee not exceeding [seventy-five] THREE HUNDRED dollars annually. A mortgagee and/or its agents are prohibited from passing along such fees to the mortgagor in default. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11543-02-6
Sponsors
- Crystal Peoples-Stokes (D, 141) · primary sponsor
Latest actions
- : SUBSTITUTED BY S7933A
- : ORDERED TO THIRD READING RULES CAL.299
- : RULES REPORT CAL.299
- : REPORTED
- : REPORTED REFERRED TO RULES
- : REPORTED REFERRED TO WAYS AND MEANS
- : PRINT NUMBER 8244A
- : AMEND (T) AND RECOMMIT TO JUDICIARY
- : REFERRED TO JUDICIARY
- : REFERRED TO JUDICIARY
Votes
- Assembly Ways And Means Committee: Favorable refer to committee Rules (June 1, 2026): 22 yea, 10 nay, passed
- Assembly Rules Committee: Favorable (June 1, 2026): 19 yea, 9 nay, passed
- Assembly Judiciary Committee: Favorable refer to committee Ways and Means (April 28, 2026): 15 yea, 6 nay, passed
Subjects: Real Property Actions and Proceedings Law
Common questions
- What is A8244?
- A8244 is a bill in the New York Legislature (2025-2026 General Assembly): Relates to registrations of residential mortgages in default.
- What does A8244 do?
- In its own words: An act to amend the real property actions and proceedings law, in relation to registrations of residential mortgages in default.
- What is the status of A8244?
- In committee as of June 1, 2026. Latest action: SUBSTITUTED BY S7933A (June 4, 2026).
- Who sponsored A8244?
- Crystal Peoples-Stokes (D, 141).
- Where is the official record for A8244?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A8244
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.