|
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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