senate Bill S7901

2017-2018 Legislative Session

Relates to fees for ancillary or discretionary non-insurance services provided by title insurance agents

download bill text pdf

Sponsored By

Archive: Last Bill Status - Passed Senate


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

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 20, 2018 referred to insurance
delivered to assembly
passed senate
Jun 18, 2018 ordered to third reading cal.1863
committee discharged and committed to rules
Mar 07, 2018 referred to insurance

Co-Sponsors

S7901 (ACTIVE) - Details

See Assembly Version of this Bill:
A10207
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2113, Ins L

S7901 (ACTIVE) - Summary

Prohibits the superintendent from establishing fees for ancillary or discretionary non-insurance services provided by title insurance agents.

S7901 (ACTIVE) - Sponsor Memo

S7901 (ACTIVE) - Bill Text download pdf


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

                                  7901

                            I N  S E N A T E

                              March 7, 2018
                               ___________

Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Insurance

AN ACT to amend the insurance law, in relation to fees for ancillary  or
  discretionary  non-insurance  services  provided  by  title  insurance
  agents

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

  Section  1.  Section  2113 of the insurance law is amended by adding a
new subsection (i) to read as follows:
  (I) NOTWITHSTANDING ANY PROVISION OF  LAW  TO  THE  CONTRARY,  NOTHING
CONTAINED HEREIN SHALL AUTHORIZE THE SUPERINTENDENT TO ESTABLISH A SCHE-
DULE  OF  FEES FOR ANY ANCILLARY OR DISCRETIONARY NON-INSURANCE SERVICES
PROVIDED BY TITLE INSURANCE AGENTS, INSURERS OR THEIR REPRESENTATIVES.
  § 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14784-02-8

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