NYC Council · Int 0385-2026 · Committee

Prohibiting discrimination in the issuance of credit and requiring creditors to disclose to potential borrowers how their rate is calculated.

Introduced

Moved

Reached a final decision

Introduced Jan 29, 2026

Derived from the official record below.

Officially: “A Local Law to amend the administrative code of the city of New York, in relation to prohibiting discrimination in the issuance of credit and requiring creditors to disclose to potential borrowers how their rate is calculated” Read the full text

Civil and Human Rights

What it does

This bill would expand on federal and state legislation by amending the city’s Human Rights Law to prohibit discrimination based on an individual’s membership in a protected class in the issuance of credit, would require creditors to disclose to potential borrowers how their rate is calculated, would require the NYC Commission on Human Rights to conduct outreach, and would require the NYC Commission on Human Rights to perform a credit discrimination investigation for a period of one year.

Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.

Where it is

Introduced by Council · Jan 29, 2026

Referred to Comm by Council · Jan 29, 2026 · the latest recorded action

Who decides next

This bill sits with the Civil and Human Rights committee. These members decide whether it ever reaches a vote; 99% of bills a committee approves become law.

Sandy Nurse · chair Althea V. Stevens Oswald J. Feliz Shahana K. Hanif Shaun Abreu

This committee’s full record