assembly Bill A7012

2017-2018 Legislative Session

Relates to the granting of continuing education credits by the superintendent of financial services

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 09, 2018 print number 7012a
May 09, 2018 amend and recommit to insurance
Jan 03, 2018 referred to insurance
Mar 29, 2017 referred to insurance

Co-Sponsors

Multi-Sponsors

A7012 - Details

See Senate Version of this Bill:
S3960
Law Section:
Insurance Law
Laws Affected:
Amd §2132, Ins L

A7012 - Summary

Relates to authorizing the superintendent of financial services to grant six credit hours of continuing education for a licensees' active membership in a statewide professional insurance producer association.

A7012 - Bill Text download pdf

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

                                  7012

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                             March 29, 2017
                               ___________

Introduced by M. of A. HUNTER -- read once and referred to the Committee
  on Insurance

AN  ACT  to  amend  the  insurance  law,  in relation to the granting of
  continuing  education  credits  by  the  superintendent  of  financial
  services

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

  Section 1. Subsection (c) of section 2132  of  the  insurance  law  is
amended by adding a new paragraph 4 to read as follows:
  (4)  THE  SUPERINTENDENT SHALL GRANT SIX CREDIT HOURS FOR A LICENSEES'
ACTIVE MEMBERSHIP IN A STATEWIDE PROFESSIONAL INSURANCE PRODUCER ASSOCI-
ATION, PER BIENNIAL PERIOD.
  (A) FOR THE PURPOSE  OF  THIS  PARAGRAPH,  A  "STATEWIDE  PROFESSIONAL
INSURANCE  PRODUCER ASSOCIATION" SHALL BE DEFINED AS AN ASSOCIATION THAT
HAS BEEN IN EXISTENCE FOR AT LEAST TEN YEARS, WHICH DERIVES ITS  MEMBER-
SHIP  FROM  AMONGST  THOSE  PERSONS  THAT  HAVE BEEN ISSUED AN INSURANCE
PRODUCER'S LICENSE BY THE SUPERINTENDENT, AND WHICH IS DEDICATED TO  THE
PROMOTION  OF  THE INTEGRITY, TRUST, PROFESSIONALISM AND BUSINESS INTER-
ESTS OF ITS MEMBERSHIP THROUGH EDUCATION, ADVOCACY,  SOCIAL  INTERACTION
AND THE DEVELOPMENT OF ETHICAL AND SOUND BUSINESS PRACTICES.
  (B)  FOR THE PURPOSE OF THIS PARAGRAPH, 'ACTIVE MEMBERSHIP' MEANS: (I)
CERTIFICATION BY THE LICENSEE TO THE SUPERINTENDENT THAT THE MEMBER  WAS
IN  GOOD STANDING WITH DUES PAID IN FULL FOR THE PREVIOUS BIENNIAL PERI-
OD; (II) CERTIFICATION TO THE SUPERINTENDENT BY THE  LICENSEE  THAT  THE
MEMBER  HAS  READ THE PROFESSIONAL INSURANCE PRODUCER ASSOCIATION'S CODE
OF ETHICS; AND (III) CERTIFICATION TO THE SUPERINTENDENT BY THE LICENSEE
THAT THE LICENSEE HAS ATTENDED AT LEAST ONE EDUCATIONAL MEETING, PRESEN-
TATION OR CONFERENCE SPONSORED BY THE  PROFESSIONAL  INSURANCE  PRODUCER
ASSOCIATION EACH YEAR DURING THE PREVIOUS BIENNIAL PERIOD.
  (C)  THE  PROFESSIONAL  INSURANCE PRODUCER ASSOCIATION SHALL FILE WITH
THE SUPERINTENDENT ANNUALLY, BY JANUARY  THIRTY-FIRST,  A  LIST  OF  ALL

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08253-01-7

Co-Sponsors

Multi-Sponsors

A7012A (ACTIVE) - Details

See Senate Version of this Bill:
S3960
Law Section:
Insurance Law
Laws Affected:
Amd §2132, Ins L

A7012A (ACTIVE) - Summary

Relates to authorizing the superintendent of financial services to grant six credit hours of continuing education for a licensees' active membership in a statewide professional insurance producer association.

A7012A (ACTIVE) - Bill Text download pdf

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

                                 7012--A

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                             March 29, 2017
                               ___________

Introduced by M. of A. HUNTER, COOK, DICKENS, HYNDMAN -- Multi-Sponsored
  by  --  M.  of A. ERRIGO -- read once and referred to the Committee on
  Insurance -- recommitted to the Committee on Insurance  in  accordance
  with  Assembly  Rule  3, sec. 2 -- committee discharged, bill amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT to amend the insurance  law,  in  relation  to  the  granting  of
  continuing  education  credits  by  the  superintendent  of  financial
  services

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

  Section  1.  Subsection  (c)  of  section 2132 of the insurance law is
amended by adding a new paragraph 4 to read as follows:
  (4) THE SUPERINTENDENT SHALL GRANT SIX CREDIT HOURS FOR  A  LICENSEES'
ACTIVE MEMBERSHIP IN A STATEWIDE PROFESSIONAL INSURANCE PRODUCER ASSOCI-
ATION, PER BIENNIAL PERIOD.
  (A)  FOR  THE  PURPOSE  OF  THIS  PARAGRAPH, A "STATEWIDE PROFESSIONAL
INSURANCE PRODUCER ASSOCIATION" SHALL BE DEFINED AS AN ASSOCIATION  THAT
HAS  BEEN IN EXISTENCE FOR AT LEAST TEN YEARS, WHICH DERIVES ITS MEMBER-
SHIP FROM AMONGST THOSE PERSONS  THAT  HAVE  BEEN  ISSUED  AN  INSURANCE
PRODUCER'S  LICENSE BY THE SUPERINTENDENT, AND WHICH IS DEDICATED TO THE
PROMOTION OF THE INTEGRITY, TRUST, PROFESSIONALISM AND  BUSINESS  INTER-
ESTS  OF  ITS MEMBERSHIP THROUGH EDUCATION, ADVOCACY, SOCIAL INTERACTION
AND THE DEVELOPMENT OF ETHICAL AND SOUND BUSINESS  PRACTICES  INCLUDING,
BUT NOT LIMITED TO, A PROFESSIONAL PUBLICATION OR JOURNAL THAT IS ISSUED
NOT  LESS THAN FOUR TIMES A YEAR; ISSUANCE OF NOT LESS THAN SIX GUIDANCE
OR FACT-BASED POLICY STATEMENTS OR  INSTRUCTIONAL  MEMORANDA  ON  TOPICS
PERTAINING  TO  PROFESSIONAL  PRACTICE,  CUSTOMER  SERVICE,  ETHICS OR A
SUBSTANTIVE ISSUE; OR DISTRIBUTION OF NOT LESS THAN TWELVE  SUCH  STATE-
MENTS OR MEMORANDA PRODUCED BY ANOTHER ORGANIZATION.
  (B)  FOR THE PURPOSE OF THIS PARAGRAPH, 'ACTIVE MEMBERSHIP' MEANS: (I)
CERTIFICATION BY THE LICENSEE TO THE SUPERINTENDENT THAT THE MEMBER  WAS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08253-04-8

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