Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 05, 2015 |
signed chap.361 |
Oct 01, 2015 |
delivered to governor |
Jun 24, 2015 |
returned to assembly passed senate substituted for s2152 |
Jun 03, 2015 |
referred to judiciary delivered to senate passed assembly |
May 29, 2015 |
advanced to third reading cal.465 |
May 28, 2015 |
reported |
Jan 15, 2015 |
referred to judiciary |
Assembly Bill A2026
Signed By Governor2015-2016 Legislative Session
Sponsored By
RYAN
Archive: Last Bill Status - 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
Matthew Titone
2015-A2026 (ACTIVE) - Details
- See Senate Version of this Bill:
- S2152
- Law Section:
- General Obligations Law
- Laws Affected:
- Amd §5-1708-a, Gen Ob L
2015-A2026 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2026 2015-2016 Regular Sessions I N A S S E M B L Y January 15, 2015 ___________ Introduced by M. of A. RYAN -- read once and referred to the Committee on Judiciary AN ACT to amend the general obligations law, in relation to waivers for families of victims of terrorist attacks THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 5-1708-a of the general obligations law, as added by chapter 568 of the laws of 2003 and subdivision (d) as further amended by section 104 of part A of chapter 62 of the laws of 2011, is amended to read as follows: S 5-1708-a. Waiver for families of victims of terrorist attacks. Notwithstanding the provisions of section four thousand two hundred twenty-four of the insurance law: (a) An annuity issuer, or an employee or other representative of such issuer, shall be permitted to waive or offer to waive the commission or other compensation otherwise payable thereto as a result of the sale of a policy or contract subject to the provisions of section four thousand two hundred twenty-four of the insurance law to a member of the immedi- ate family of a person who was a victim of the September eleventh, two thousand one terrorist attacks against the United States OR ANY TERROR- IST ATTACK AS DEFINED BY SUBDIVISION (E) OF THIS SECTION; and (b) In connection with such waiver, the insurance company may, at the election of the policyowner or contract owner: (i) contribute the amount of such waived commission or other compen- sation to a charitable organization that meets the requirements of section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and is organized for the benefit of families of victims of [such attack] TERRORIST ATTACKS; or (ii) deduct from the premium an amount equal to such waived commission or other compensation otherwise payable thereto as a result of the sale. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04959-01-5
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