senate Bill S7927

2019-2020 Legislative Session

Makes provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups permanent

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Insurance Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 03, 2020 referred to insurance

S7927 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance
Laws Affected:
Amd §5, Chap 589 of 2015; amd §5, Chap 588 of 2015

S7927 (ACTIVE) - Summary

Makes provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups permanent.

S7927 (ACTIVE) - Sponsor Memo

S7927 (ACTIVE) - Bill Text download pdf


                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7927

                            I N  S E N A T E

                              March 3, 2020
                               ___________

Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Insurance

AN ACT to amend chapter 589 of the laws of 2015, amending the  insurance
  law relating to catastrophic or reinsurance coverage issued to certain
  small  groups, in relation to making such provisions permanent; and to
  amend chapter 588 of the laws of  2015,  amending  the  insurance  law
  relating  to  catastrophic  or  reinsurance coverage issued to certain
  small groups, in relation to making such provisions permanent

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Section 5 of chapter 589 of the laws of 2015, amending the
insurance law relating to catastrophic or reinsurance coverage issued to
certain small groups, as amended by chapter 202 of the laws of 2019,  is
amended to read as follows:
  §  5.  This  act  shall  take  effect on the same date and in the same
manner as a chapter of the laws  of  2015  amending  the  insurance  law
relating to catastrophic or reinsurance coverage issued to certain small
groups,  as proposed in legislative bills numbers S.5928-A and A.8134-A,
takes effect [and shall be deemed repealed six years thereafter].
  § 2. Section 5 of chapter 588 of the laws of 2015, amending the insur-
ance law relating to catastrophic  or  reinsurance  coverage  issued  to
certain  small groups, as amended by chapter 202 of the laws of 2019, is
amended to read as follows:
  § 5. This act shall take effect  immediately[;  and  shall  be  deemed
repealed 6 years after it shall have become a law].
  § 3. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15658-01-0

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