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Assembly bill · A7538 (2025-26)

Authorizes the state mortgage agency to purchase veterans' assisted forward commitment mortgages from banks within the state

New York State Assembly

Latest action Jan 7, 2026

Sponsor: Stephen Hawley (Assembly Member, District 139, Republican)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 19, 2026. About our data

Summary

Authorizes the state mortgage agency to purchase veterans' assisted forward commitment mortgages from banks within the state; requires the board of directors of the state mortgage agency to establish income limits for eligible veterans from time to time.

Summary from NY Open Legislation. How we handle summaries

Amends the Public Authorities Law.

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

Judiciary · New York State Assembly

Also referred to Judiciary · New York State Senate.

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Cosponsors

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Read on NY Senate (opens in a new tab)
  • Republican2

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Full history

  1. Jan 7, 2026

    Referred to committee

    REFERRED TO JUDICIARY

    NY Assembly

  2. Apr 1, 2025

    Referred to committee

    REFERRED TO JUDICIARY

    NY Assembly

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