senate Bill S7706

Vetoed By Governor
2013-2014 Legislative Session

Expands the application of provisions regulating insurance on wireless communications equipment

download bill text pdf

Sponsored By

Archive: Last Bill Status - Vetoed by Governor


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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Dec 29, 2014 vetoed memo.586
Dec 17, 2014 delivered to governor
Jun 19, 2014 returned to senate
passed assembly
ordered to third reading rules cal.511
substituted for a10062
Jun 18, 2014 referred to insurance
delivered to assembly
passed senate
ordered to third reading cal.1501
committee discharged and committed to rules
Jun 02, 2014 referred to insurance

S7706 - Details

See Assembly Version of this Bill:
A10062
Law Section:
Insurance Law
Laws Affected:
Amd §§2131 & 3449, Ins L

S7706 - Summary

Expands the application of provisions regulating insurance on wireless communications equipment.

S7706 - Sponsor Memo

S7706 - Bill Text download pdf

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

                                  7706

                            I N  S E N A T E

                              June 2, 2014
                               ___________

Introduced  by  Sen.  LIBOUS -- 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 insurance on  wireless
  communications equipment

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph 2 of subsection (d) of section 2131 of the insur-
ance law, as amended by chapter 368 of the laws of 2010, is  amended  to
read as follows:
  (2)  with respect to wireless communications equipment vendors, insur-
ance issued to cover the loss, theft, mechanical failure, or malfunction
of, or damage to, wireless communications equipment offered as either an
individual policy issued to the consumer or  as  a  group  policy  under
which  certificates or other evidence of coverage are issued to individ-
ual consumers who enroll in the program, OR ANY ARRANGEMENT  THAT  SEEKS
TO  PROVIDE SUBSTANTIALLY SIMILAR BENEFITS THROUGH OTHER MEANS INCLUDING
ARRANGEMENTS THAT CONFER BENEFITS UPON CONSUMERS THAT PURCHASE,  INCLUD-
ING  INSTALLMENT SALE PURCHASES, OR LEASE WIRELESS COMMUNICATIONS EQUIP-
MENT OR WIRELESS  SERVICES,  REGARDLESS  OF  WHETHER  THE  BENEFITS  ARE
PROVIDED  DIRECTLY  OR  INDIRECTLY  TO  THE CONSUMER, WHERE THE BENEFITS
INCLUDE THE REPAIR OR REPLACEMENT OF THE COVERED DEVICE,  THE  PROVISION
OF  A  LOANER OR RENTAL DEVICE, OR THE PAYMENT OF INDEMNIFICATION IN THE
EVENT OF A LOSS OF A COVERED DEVICE, AND WHERE THE BENEFITS ARE EXPRESS-
LY OR IMPLIEDLY CONDITIONED ON THE HAPPENING OF  SOME  FORTUITOUS  EVENT
SUCH  AS THE LOSS, THEFT OR PHYSICAL DAMAGE OF THE COVERED DEVICE, OR IS
STRUCTURED AS A REMEDY IN THE EVENT OF  SUCH  PERILS  WITHOUT  EXPRESSLY
STATING  THOSE PERILS AS A CONDITION OF COVERAGE, provided however, that
said  insurance  shall  not  extend  to  wireless  services  or  service
contracts governed by article seventy-nine of this chapter; or
  S  2.  Subparagraphs  (F)  and (G) of paragraph 2 of subsection (e) of
section 2131 of the insurance law, as amended by chapter 368 of the laws
of 2010, are amended and a new subparagraph (H)  is  added  to  read  as
follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15460-01-4

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