Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to consumer protection |
Feb 02, 2017 |
referred to consumer protection |
Senate Bill S4071
2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Consumer Protection Committee
- 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
co-Sponsors
(R, C, IP) Senate District
(D) Senate District
(R, C, IP) Senate District
(R, C, IP) Senate District
2017-S4071 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5022
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business
- Laws Affected:
- Amd §6, Chap 557 of 2001
2017-S4071 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4071 TITLE OF BILL : 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 PURPOSE : To make permanent Chapter 557 of the Laws of 2001 which increased consumer protection for monies used towards funeral goods and services. SUMMARY OF SPECIFIC PROVISIONS : Section 1 Amends Section 6 of the Laws of 2001 amending the General Business Law, to remove the sunset provision and make permanent Chapter 557. JUSTIFICATION : Chapter 557 of the Laws of 2001, increased consumer protection for monies used towards funeral goods and services. Specifically, it requires all money used to purchase funeral merchandise to be held in trust in an interest bearing account, prohibits funeral directors from accepting any consideration from an insurance company for the
2017-S4071 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4071 2017-2018 Regular Sessions I N S E N A T E February 2, 2017 ___________ Introduced by Sens. ROBACH, AMEDORE, GOLDEN, RANZENHOFER, SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Consumer 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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