Statement on the enactment of S5923A/A6617A, exempting COVID-19 stimulus payments from debt collection

FOR IMMEDIATE RELEASE: May 13, 2021

CONTACT: Susan Shin, susan@neweconomynyc.org

New Economy Project issued the following statement on the enactment of S5923A/A6617A, exempting COVID-19 stimulus payments from debt collection:

“Thanks to this important legislation, debt collectors are now prohibited from siphoning New Yorkers’ COVID-19 stimulus payments. The new law ensures that federal relief funds actually provide relief to New Yorkers, not windfalls for the debt collection industry. New Economy Project is proud to have worked on this crucial bill with ally organizations, as we continue the fight for racial and economic justice and a just recovery for all New Yorkers.”