Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 16, 2019 |
approval memo.47 signed chap.656 |
Dec 10, 2019 |
delivered to governor |
May 06, 2019 |
returned to assembly passed senate 3rd reading cal.248 substituted for s3505a |
May 06, 2019 |
substituted by a3214a |
Apr 09, 2019 |
amended on third reading 3505a |
Mar 13, 2019 |
advanced to third reading |
Mar 12, 2019 |
2nd report cal. |
Mar 11, 2019 |
1st report cal.248 |
Feb 08, 2019 |
referred to insurance |
Senate Bill S3505A
Signed By Governor2019-2020 Legislative Session
Sponsored By
(D, WF) 46th Senate District
Archive: Last Bill Status Via A3214 - 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
Bill Amendments
co-Sponsors
(R, C, IP, RFM) Senate District
2019-S3505 - Details
2019-S3505 - Sponsor Memo
BILL NUMBER: S3505 SPONSOR: BRESLIN TITLE OF BILL: An act to amend the financial services law, in relation to immunity from civil liability for certain information relat- ing to insurance or banking violations PURPOSE: This bill grants immunity for reports of suspected insurance fraud made by or to organizations specifically dedicated to the investigation and prosecution of insurance fraud. SUMMARY OF PROVISIONS: Section 1 adds (d) to section 405 of the Financial Services Law Section 2 is the effective date. JUSTIFICATION:
2019-S3505 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3505 2019-2020 Regular Sessions I N S E N A T E February 8, 2019 ___________ Introduced by Sens. BRESLIN, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the financial services law, in relation to immunity from civil liability for certain information relating to insurance or bank- ing violations 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 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; [and] (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 financial fraud, its agents or employees; AND (D) INFORMATION FURNISHED TO OR FROM A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO INVESTI- GATION AND ENFORCEMENT OF THE BANKING LAW OR THE INSURANCE LAW. 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 herein is intended to abrogate or modify in any way any common law priv- ilege or immunity heretofore enjoyed by any person. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
co-Sponsors
(R, C, IP, RFM) Senate District
2019-S3505A (ACTIVE) - Details
2019-S3505A (ACTIVE) - Sponsor Memo
BILL NUMBER: S3505A SPONSOR: BRESLIN TITLE OF BILL: An act to amend the financial services law, in relation to immunity from civil liability for certain information relat- ing to insurance or banking violations PURPOSE: This bill grants immunity for reports of suspected insurance fraud made by or to the National Insurance Crime Bureau. SUMMARY OF PROVISIONS: Section 1 adds (d) to section 405 of the Financial Services Law Section 2 is the effective date. JUSTIFICATION:
2019-S3505A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3505--A Cal. No. 248 2019-2020 Regular Sessions I N S E N A T E February 8, 2019 ___________ Introduced by Sens. BRESLIN, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the financial services law, in relation to immunity from civil liability for certain information relating to insurance or bank- ing violations 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 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; [and] (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 financial fraud, its agents or employees; AND (D) INFORMATION FURNISHED TO OR FROM THE NATIONAL INSURANCE CRIME BUREAU. FOR THE PURPOSES OF THIS SECTION THE NATIONAL INSURANCE CRIME BUREAU IS A NONPROFIT DEDICATED TO INVESTIGATION AND ENFORCEMENT OF THE BANKING LAW OR THE INSURANCE LAW. The superintendent or any employee of the finan- cial 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 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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