Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 24, 2017 |
recommitted to consumer protection 2nd report cal. |
May 23, 2017 |
1st report cal.1322 |
May 03, 2017 |
referred to consumer protection |
Senate Bill S5854
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
Votes
co-Sponsors
(R) Senate District
2017-S5854 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7245
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business
- Laws Affected:
- Amd §6, Chap 557 of 2001
2017-S5854 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5854 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 OR GENERAL IDEA OF BILL : The purpose of this bill is to extend, until June 30, 2022, sections 3 and 4 of chapter 557 of the laws of 2001, which prohibit funeral directors, undertakers and embalmers from accepting any consideration from an insurer to sell, offer or promote pre-need funeral insurance, and any insurer from paying such consideration. SUMMARY OF SPECIFIC PROVISIONS : Current law prohibits funeral directors, undertakers and embalmers from accepting any consideration (e.g., a commission or gift) from an insurer to sell, offer or promote the sale of pre-need funeral insurance policies, Insurers are also prohibited from paying any commission or other consideration to any funeral director to induce the sale of pre-need funeral insurance. These provisions are set to expire on June 1, 2017. This bill would extend these provisions until June 30, 2022.
2017-S5854 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5854 2017-2018 Regular Sessions I N S E N A T E May 3, 2017 ___________ Introduced by Sen. ROBACH -- 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] 30, [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 deliv- ered to the governor and legislature on or before April 15, 2015] 2022. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10969-01-7
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