Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to insurance |
Oct 09, 2015 |
referred to insurance |
Assembly Bill A8453
2015-2016 Legislative Session
Sponsored By
ORTIZ
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Crystal Peoples-Stokes
Latrice Walker
Vivian Cook
Michaelle C. Solages
2015-A8453 (ACTIVE) - Details
2015-A8453 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8453 2015-2016 Regular Sessions I N A S S E M B L Y October 9, 2015 ___________ Introduced by M. of A. ORTIZ, PEOPLES-STOKES, WALKER, COOK, SOLAGES -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to the inclusion of busi- ness interruption insurance in all commercial insurance policies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (a) of section 3420 of the insurance law is amended by adding a new paragraph 7 to read as follows: (7) A PROVISION IN ALL COMMERCIAL INSURANCE POLICIES PROVIDING COVER- AGE AGAINST THE LOSS OF PERISHABLE PROPERTY DUE TO A BLACK-OUT OR POWER OUTAGE THAT LASTS TWELVE HOURS OR LONGER. S 2. This act shall take effect immediately and shall apply to all policies issued, renewed, or altered on or after such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04784-01-5
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