Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 08, 2019 |
signed chap.468 |
Oct 28, 2019 |
delivered to governor |
Jun 06, 2019 |
returned to senate passed assembly ordered to third reading rules cal.70 substituted for a3075 |
Mar 14, 2019 |
referred to insurance delivered to assembly passed senate |
Mar 13, 2019 |
advanced to third reading |
Mar 12, 2019 |
2nd report cal. |
Mar 11, 2019 |
1st report cal.249 |
Feb 11, 2019 |
referred to insurance |
Senate Bill S3637
Signed By Governor2019-2020 Legislative Session
Sponsored By
(D, WF) 46th Senate District
Archive: Last Bill Status - 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
co-Sponsors
(R, C, IP, RFM) Senate District
2019-S3637 (ACTIVE) - Details
2019-S3637 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3637 SPONSOR: BRESLIN TITLE OF BILL: An act to amend the insurance law, in relation to unclaimed life insurance benefits PURPOSE: This bill would lengthen the timeframe in which an insurer must complete a lost policy search in the lost policy finder system. SUMMARY OF PROVISIONS: Section 1. Amends Insurance Law section 3240(h)(4) to increase the time- frame for insurers completing lost policy searches from 30-45 days to 60 days. Section 2. Is the effective date. JUSTIFICATION:
2019-S3637 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3637 2019-2020 Regular Sessions I N S E N A T E February 11, 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 insurance law, in relation to unclaimed life insur- ance benefits THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph 4 of subsection (h) of section 3240 of the insurance law, as amended by chapter 10 of the laws of 2013, is amended to read as follows: Within [thirty] SIXTY days of receiving the request referenced in paragraph two of this subsection[, or within forty-five days of receiv- ing the request where the insurer contracts with another entity to main- tain the insurer's records,] the insurer shall: § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05109-01-9
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