Statement on the Passage of S5923A/A6617A, Exempting Stimulus Payments from Debt Collection

FOR IMMEDIATE RELEASE: April 29, 2021

CONTACT: Susan Shin, susan@neweconomynyc.org

New Economy Project issued the following statement on the passage of S5923A/A6617A, Exempting Stimulus Checks from Debt Collection:

“We applaud Senator Kevin Thomas, Assemblymember Helene E. Weinstein and the entire NYS Legislature for taking bold legislative action to exempt from collection all COVID-19 stimulus relief payments. This bill will protect low-income New Yorkers and New Yorkers of color from predatory debt collection and ensure that federal relief funds actually provide relief, not windfalls for the debt collection industry. Now Governor Cuomo must swiftly sign the bill into law, to protect struggling New Yorkers from financial predation and ensure a just recovery.”