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Assembly Bill A5022

2017-2018 Legislative Session

Relates to extending certain provisions relating to pre-need funeral services

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Archive: Last Bill Status - In Assembly Committee

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2017-A5022 (ACTIVE) - Details

See Senate Version of this Bill:
S4071
Current Committee:
Assembly Consumer Affairs And Protection
Law Section:
General Business
Laws Affected:
Amd §6, Chap 557 of 2001

2017-A5022 (ACTIVE) - Summary

Makes permanent certain provisions relating to pre-need funeral services.

2017-A5022 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5022
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 6, 2017
                                ___________
 
 Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
   tee on Consumer Affairs and Protection
 
 AN  ACT  to  amend  chapter 557 of the laws of 2001 amending the general
   business law, the public health law and the insurance law relating  to
   clarifying  provisions  pertaining  to  pre-need  funeral services, 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.  Section 6 of chapter 557 of the laws of 2001 amending the
 general business law, the public health law and the insurance law relat-
 ing to clarifying provisions pertaining to pre-need funeral services, as
 amended by chapter 88 of the  laws  of  2012,  is  amended  to  read  as
 follows:
   §  6.  This act shall take effect 30 days after it shall have become a
 law [provided, however sections 3 and 4 of this  act  shall  expire,  be
 deemed  repealed and shall cease to be of any force or effect after June
 1, 2017, and provided that the department of  financial  services  shall
 conduct  a  study  of  funding  pre-arranged funeral services and goods,
 examining practices in a minimum of ten other states,  by  use  of  life
 insurance,  trust  depositing  or  any other funding mechanism in use or
 that would be appropriate. The results of such study shall be  delivered
 to the governor and legislature on or before April 15, 2015].
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07924-01-7

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