senate Bill S6978

Signed By Governor
2011-2012 Legislative Session

Extends the effectiveness of certain provisions of law relating to workers' compensation rate service organizations

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Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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view actions (13)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 18, 2012 signed chap.237
Jul 06, 2012 delivered to governor
Jun 20, 2012 returned to senate
passed assembly
ordered to third reading cal.677
substituted for a10160
May 31, 2012 referred to insurance
delivered to assembly
passed senate
May 23, 2012 advanced to third reading
May 22, 2012 2nd report cal.
May 21, 2012 1st report cal.842
Apr 18, 2012 referred to insurance


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S6978 - Details

See Assembly Version of this Bill:
Law Section:
Insurance Law
Laws Affected:
Amd §§2305 & 2313, Ins L; amd §16, Chap 11 of 2008

S6978 - Summary

Extends the effectiveness of certain provisions of law relating to workers' compensation rate service organizations from June 2, 2013 until June 2, 2018.

S6978 - Sponsor Memo

S6978 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K


                            I N  S E N A T E

                             April 18, 2012

Introduced  by Sen. SEWARD -- (at request of the Department of Financial
  Services) -- read twice and ordered printed, and when  printed  to  be
  committed to the Committee on Insurance

AN  ACT to amend the insurance law, in relation to workers' compensation
  rate service organizations; and to amend chapter 11  of  the  laws  of
  2008,  amending  the workers' compensation law, the insurance law, the
  volunteer ambulance workers' benefit law and the volunteer  firefight-
  ers'  benefit  law, relating to rates for workers' compensation insur-
  ance and setting forth conditions for  a  workers'  compensation  rate
  service organization, in relation to the effectiveness thereof


  Section 1. Subsection (e) of section 2305 of  the  insurance  law,  as
amended  by  chapter  11  of  the  laws  of  2008, is amended to read as
  (e) The superintendent: (1) by regulation may, in lieu of the  waiting
period  set  forth  in  subsection (b) of this section, require workers'
compensation insurance rate filings to be specifically  approved  before
they  become  effective;  and  (2) shall hold a public hearing if a rate
service organization makes a loss cost filing for workers'  compensation
that  is  an  increase  of  seven percent or more over the approved loss
costs from the prior year. Until June second,  two  thousand  [thirteen]
EIGHTEEN,  a  rate  service organization for workers' compensation shall
make a loss cost filing every year on or  before  June  first,  or  such
earlier date as is set by the superintendent.
  S  2.  Subsection (s) of section 2313 of the insurance law, as amended
by chapter 11 of the laws of 2008, is amended to read as follows:
  (s) Notwithstanding any other  provision  of  this  article,  no  rate
service  organization may file rates for workers' compensation insurance
after February first, two thousand eight, but a rate  service  organiza-
tion  may  file  loss  costs or other statistical information, including
rating plans, until  June  second,  two  thousand  [thirteen]  EIGHTEEN.
Notwithstanding  subsection  (j)  of this section, any such rate service

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.


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