New YorkA 94522025-2026 Regular SessionHouseWALLET

Relates to the prohibition of the use of employment promissory notes and other similar provisions

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

Workers protected from job repayment notes

The law bans employers from making you sign a job repayment note to get or keep a job. Any such note is void and cannot be enforced. The law covers private employers and government, and it protects anyone hired as an employee. A job repayment note means any clause that makes you pay the employer if you leave before a set time.

Limited paybacks for bonuses and property

If you voluntarily buy or lease employer property, you must pay for it. Employers may require payback of bonuses, relocation help, or other non-educational incentives, but not if you were fired for reasons other than misconduct or if the job’s duties or requirements were misrepresented. Educational staff must follow the written terms of approved sabbatical leave. Repayment programs agreed to in a union contract are allowed.

Tight rules for training cost paybacks

Employers may ask you to repay costs for a transferable credential only under strict rules. The deal must be a separate written contract, not part of your job offer. The amount must be stated up front, be no more than the employer’s actual tuition, fees, and required materials, and be prorated with no acceleration if you leave. You do not repay if you are fired, unless for misconduct. Routine employer-specific or legally required safety/compliance training does not count as a transferable credential.

Sponsors & Cosponsors

Sponsor

Phil Steck
Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 37 • No: 22

House vote • 1/28/2026

FLOOR Vote