Assembly Bill A7488A

2021-2022 Legislative Session

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Insurance 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

Bill Amendments

co-Sponsors

2021-A7488 - Details

See Senate Version of this Bill:
S3079
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3462, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A7786
2019-2020: A6062, S5183
2023-2024: A1687, S88

2021-A7488 - Summary

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.

2021-A7488 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7488
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 11, 2021
                                ___________
 
 Introduced  by  M.  of  A. J. D. RIVERA -- read once and referred to the
   Committee on Insurance
 
 AN ACT to amend the insurance law, in relation to prohibiting the exclu-
   sion of coverage for losses or damages caused  by  exposure  to  lead-
   based paint
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3458
 to read as follows:
   §  3458. EXCLUSION FOR LEAD HAZARDS PROHIBITED. NO INSURER LICENSED OR
 PERMITTED BY THE SUPERINTENDENT TO PROVIDE LIABILITY COVERAGE TO  RENTAL
 PROPERTY  OWNERS  SHALL  EXCLUDE,  AFTER TWENTY-SIX MONTHS FOLLOWING THE
 EFFECTIVE DATE OF THIS SECTION, COVERAGE FOR LOSSES OR DAMAGES CAUSED BY
 EXPOSURE TO LEAD-BASED PAINT. THE DEPARTMENT SHALL NOT PERMIT, AUTHORIZE
 OR APPROVE ANY EXCLUSION FOR INJURY OR DAMAGE RESULTING FROM EXPOSURE TO
 LEAD-BASED PAINT, EXCEPT AS SPECIFICALLY PROVIDED FOR IN LAW,  THAT  WAS
 NOT  IN  EFFECT AS OF THE EFFECTIVE DATE OF THIS SECTION, AND ALL PREVI-
 OUSLY APPROVED EXCLUSIONS SHALL TERMINATE ON OR BEFORE TWENTY-SIX MONTHS
 FOLLOWING THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05070-02-1



              

co-Sponsors

2021-A7488A (ACTIVE) - Details

See Senate Version of this Bill:
S3079
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3462, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A7786
2019-2020: A6062, S5183
2023-2024: A1687, S88

2021-A7488A (ACTIVE) - Summary

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.

2021-A7488A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7488--A
                                                         Cal. No. 246
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 11, 2021
                                ___________
 
 Introduced  by  M. of A. J. D. RIVERA, DINOWITZ, HEVESI, MEEKS, MAMDANI,
   SEAWRIGHT, JACKSON, GALEF, GOTTFRIED,  FAHY,  McMAHON,  CLARK,  SIMON,
   PEOPLES-STOKES -- read once and referred to the Committee on Insurance
   --  ordered to a third reading, amended and ordered reprinted, retain-
   ing its place on the order of third reading
 
 AN ACT to amend the insurance law, in relation to prohibiting the exclu-
   sion of coverage for losses or damages caused  by  exposure  to  lead-
   based paint
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3462
 to read as follows:
   §  3462. EXCLUSION FOR LEAD HAZARDS PROHIBITED. NO INSURER LICENSED OR
 PERMITTED BY THE SUPERINTENDENT TO PROVIDE LIABILITY COVERAGE TO  RENTAL
 PROPERTY  OWNERS  SHALL  EXCLUDE,  AFTER TWENTY-SIX MONTHS FOLLOWING THE
 EFFECTIVE DATE OF THIS SECTION, COVERAGE FOR LOSSES OR DAMAGES CAUSED BY
 EXPOSURE TO LEAD-BASED PAINT. THE DEPARTMENT SHALL NOT PERMIT, AUTHORIZE
 OR APPROVE ANY EXCLUSION FOR INJURY OR DAMAGE RESULTING FROM EXPOSURE TO
 LEAD-BASED PAINT, EXCEPT AS SPECIFICALLY PROVIDED FOR IN LAW,  THAT  WAS
 NOT  IN  EFFECT AS OF THE EFFECTIVE DATE OF THIS SECTION, AND ALL PREVI-
 OUSLY APPROVED EXCLUSIONS SHALL TERMINATE ON OR BEFORE TWENTY-SIX MONTHS
 FOLLOWING THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05070-03-2



              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.