Bill > S03072

This bill prohibits employers, labor organizations, employment agencies, and their agents from requesting, using, or discriminating against job applicants or employees based on their consumer credit history, with several important exceptions. The bill defines "consumer credit history" broadly, including credit reports, credit scores, and detailed information about an individual's credit accounts, bankruptcies, judgments, and liens. Specifically, employers are still allowed to consider credit history for certain positions, such as law enforcement officers, roles requiring security clearance, positions with access to trade secrets or national security information, jobs with signatory authority over significant funds, fiduciary roles, and positions that can modify digital security systems. The bill also restricts state and municipal agencies from using consumer credit history for licensing or permitting purposes, with similar exceptions for legally mandated reviews. Additionally, the Division of Human Rights is required to collect information from agencies and employers about their use of these exemptions and submit a report to the legislature within two years. The legislation aims to prevent employment discrimination based on an individual's financial history while maintaining provisions for positions where credit information might be genuinely relevant to job performance. The bill will take effect 120 days after becoming law.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S3072