Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 17, 2020 |
signed chap.79 delivered to governor |
Feb 10, 2020 |
returned to senate passed assembly ordered to third reading cal.396 substituted for a8945 |
Feb 10, 2020 |
substituted by s7181 |
Feb 06, 2020 |
advanced to third reading cal.396 |
Feb 04, 2020 |
reported |
Jan 08, 2020 |
referred to banks |
Jan 03, 2020 |
referred to banks |
Assembly Bill A8945
Signed By Governor2019-2020 Legislative Session
Sponsored By
COOK
Archive: Last Bill Status Via S7181 - Signed by Governor
- 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
2019-A8945 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7181
- Law Section:
- Financial Services Law
- Laws Affected:
- Amd §405, Fin Serv L (as proposed in S.3505-A & A.3214-A)
2019-A8945 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8945 I N A S S E M B L Y January 3, 2020 ___________ Introduced by M. of A. COOK -- read once and referred to the Committee on Banks AN ACT to amend the financial services law, in relation to civil immuni- ty for information shared with the National Insurance Crime Bureau THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 405 of the financial services law, as amended by a chapter of the laws of 2019, amending the financial services law relat- ing to immunity from civil liability for certain information relating to insurance or banking violations, as proposed in legislative bills numbers S. 3505-A and A. 3214-A, is amended to read as follows: § 405. Immunity. In the absence of fraud or bad faith, no person subject to the provisions of this chapter, the banking law or the insur- ance law shall be subject to civil liability, and no civil cause of action of any nature shall arise against such person for any: (a) infor- mation relating to suspected violations of the banking law or the insur- ance law furnished to law enforcement officials, their agents and employees; (b) information relating to suspected violations of the bank- ing law or the insurance law furnished to other persons subject to the provisions of this chapter; (c) information furnished in reports to the financial frauds and consumer protection unit, its agents or employees or any state agency investigating fraud or misconduct relating to finan- cial fraud, its agents or employees; and (d) information RELATING TO INSURANCE FRAUD AS DEFINED IN SECTION 176.05 OF THE PENAL LAW furnished to [or from] the National Insurance Crime Bureau. For the purposes of this section the National Insurance Crime Bureau is a nonprofit dedi- cated to [investigation and enforcement of the banking law or the insur- ance law] THE PROSECUTION OF INSURANCE FRAUD AND VEHICLE CRIME. The superintendent or any employee of the financial frauds and consumer protection unit, in the absence of fraud or bad faith, shall not be subject to civil liability and no civil cause of action of any nature shall arise against the superintendent or any such employee by virtue of the publication of any report or bulletin related to the official activ- ities of the financial frauds and consumer protection unit. Nothing EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.