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 05, 2020 |
referred to banks delivered to assembly passed senate |
Jan 13, 2020 |
ordered to third reading cal.105 |
Jan 10, 2020 |
referred to rules |
Senate Bill S7181
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
2019-S7181 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8945
- Law Section:
- Financial Services Law
- Laws Affected:
- Amd §405, Fin Serv L (as proposed in S.3505-A & A.3214-A)
2019-S7181 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7181 SPONSOR: BRESLIN TITLE OF BILL: An act to amend the financial services law, in relation to civil immuni- ty for information shared with the National Insurance Crime Bureau PURPOSE: This is a chapter amendment that makes changes to provisions of L.2019, c. 656. SUMMARY OF PROVISIONS: This legislation amends the underlying chapter by inserting language making technical clarifications, such as specifying that the National Insurance Crime Bureau is dedicated to the prosecution of insurance fraud and vehicle crime.
2019-S7181 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7181 I N S E N A T E January 10, 2020 ___________ Introduced by Sen. BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Rules 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
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