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Assembly bill · A10728 (2025-26)

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

New York State Assembly

Latest action Mar 27, 2026

Sponsor: Lester Chang (Assembly Member, District 49, Republican/Conservative)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

Summary

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.

Summary from NY Open Legislation. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Banks · New York State Assembly

Also referred to Banks · New York State Senate.

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Full history

  1. Mar 27, 2026

    Referred to committee

    REFERRED TO BANKS

    NY Assembly

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