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 |
Jun 20, 2012 |
substituted by s6978 |
May 24, 2012 |
advanced to third reading cal.677 |
May 23, 2012 |
reported |
May 09, 2012 |
referred to insurance |
Assembly Bill A10160
Signed By Governor2011-2012 Legislative Session
Sponsored By
WRIGHT
Archive: Last Bill Status Via S6978 - Signed by Governor
- 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
Votes
co-Sponsors
Joseph Morelle
2011-A10160 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6978
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §§2305 & 2313, Ins L; amd §16, Chap 11 of 2008
2011-A10160 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10160 I N A S S E M B L Y May 9, 2012 ___________ Introduced by M. of A. WRIGHT, MORELLE -- (at request of the Department of Financial Services) -- read once and referred 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 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 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 follows: (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. LBD14623-05-2
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