File #: Int 0177-2026    Version: Name: A student loan financial counseling program.
Type: Introduction Status: Laid Over in Committee
Committee: Committee on Consumer and Worker Protection
On agenda: 1/29/2026
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to a student loan financial counseling program
Sponsors: Harvey D. Epstein, Farah N. Louis, Mercedes Narcisse, Lynn C. Schulman, Kamillah Hanks
Council Member Sponsors: 5
Summary: This bill would require the Department of Consumer and Worker Protection to create and run a program to provide individualized counseling to individuals about federal and state student loan forgiveness programs and other loan repayment options.
Attachments: 1. Summary of Int. No. 177-A, 2. Summary of Int. No. 177, 3. Int. No. 177, 4. January 29, 2026 - Stated Meeting Agenda, 5. Hearing Transcript - Stated Meeting 1-29-26, 6. Committee Report 2/23/26, 7. Fiscal Impact Statement - City Council, 8. Memorandum in Support, 9. Proposed Int. No. 177-A - 3/20/26

Proposed Int. No. 177-A

 

By Council Members Epstein, Louis, Narcisse, Schulman and Hanks

 

A Local Law to amend the administrative code of the city of New York, in relation to a student loan financial counseling program

 

Be it enacted by the Council as follows:

 

Section 1. Chapter 11 of title 20 of the administrative code of the city of New York is amended by adding a new section 20-1102 to read as follows:

§ 20-1102 Student loan counseling program. a. The commissioner shall establish a program to provide counseling to individuals in the city about any such individual’s eligibility for the federal and state student loan forgiveness programs described in the notice prepared under section 12-211 and other student loan repayment options. Such program shall be available to individuals with an existing student loan and to such other individuals as the commissioner deems eligible.

b. Nothing in this section or the administration or application thereof shall be construed to create a private right of action on the part of any person or entity against the city or any agency, official, or employee thereof.

§ 2. This local law takes effect 1 year after it becomes law.

 

JGP/SS

LS #4071/13777

Int. #1510-2025

3/18/2026 3:53 PM