AG James applauded Governor Kathy Hochul’s signing of the Fostering Affordability and Integrity through Reasonable Business Practices (FAIR Business Practices) Act. The legislation, introduced by Attorney General James and sponsored by Senator Comrie and Assemblymember Lasher, updates New York’s primary consumer protection law, GBL §349, for the first time in 45 years. The new law protects New Yorkers from unfair, abusive, and deceptive business practices.  

“The FAIR Business Practices Act will help us tackle rising costs and protect working families and small businesses. I am proud to have worked alongside Senator Comrie and Assemblymember Lasher to update our most important consumer protection law for the first time in 45 years to stop predatory lenders, abusive debt collectors, dishonest mortgage servicers, and so much more. At a time when the federal government is abandoning working people and raising the cost of living, this law will help us stop companies from taking advantage of New Yorkers. I thank Governor Hochul, Senate Majority Leader Stewart-Cousins, and Assembly Speaker Heastie for their leadership and look forward to working together to make our state more affordable.” – AG James