Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to consumer protection |
Jan 14, 2021 |
referred to consumer protection |
Senate Bill S1741
2021-2022 Legislative Session
Sponsored By
(D) 42nd Senate District
Archive: Last Bill Status - In Senate Committee Consumer Protection Committee
- 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
co-Sponsors
(D, WF) 47th Senate District
(D) 16th Senate District
2021-S1741 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1595
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business
- Versions Introduced in 2019-2020 Legislative Session:
-
S8563, A10696
2021-S1741 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1741 SPONSOR: SKOUFIS TITLE OF BILL: An act extending certain payments and debt collections for the COVID-19 covered period PURPOSE: To extend the grace period for certain payments of premiums and fees to the end of the COVID-19 covered period. Individuals and small businesses experiencing financial hardship due to COVID-19 may defer paying premi- ums for life insurance, property and casualty insurance, including auto, homeowners, renters, workers compensation, medical malpractice, livery and taxi. SUMMARY OF PROVISIONS: Section 1: Establishes the "COVID-19 covered period" as the period from March 7, 2020 until the date on which none of the provisions that closed
2021-S1741 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1741 2021-2022 Regular Sessions I N S E N A T E January 14, 2021 ___________ Introduced by Sens. SKOUFIS, HOYLMAN, LIU -- read twice and ordered printed, and when printed to be committed to the Committee on Consumer Protection AN ACT extending certain payments and debt collections for the COVID-19 covered period THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. For the purposes of this act, "COVID-19 covered period" means March 7, 2020 until the date on which none of the provisions that closed or otherwise restricted public or private businesses or places of public accommodation, or required postponement or cancellation of all non-essential gatherings of individuals of any size for any reason in executive orders 202.3, 202.4, 202.5, 202.6, 202.7, 202.8, 202.10, 202.11, 202.13 or 202.14, as extended by executive orders 202.28 and 202.31 and as further extended by any future executive order, issued in response to the COVID-19 pandemic continue to apply in the county of the insurer or debtors residence. § 2. Notwithstanding any provision of law to the contrary, the grace period for insurance policies covered under sections 3203 and 4510 of the insurance law for the deferral of payment of premiums and fees shall be extended to the end of the COVID-19 covered period, for any life insurance policyholder or fraternal benefit society certificate holder, as those terms are used in such sections, facing a financial hardship as a result of the COVID-19 pandemic. § 3. Notwithstanding any provision of law to the contrary and subject to the consideration by the superintendent of financial services of the liquidity and solvency of the applicable insurer, corporations subject to article 43 of the insurance law, or health maintenance organizations certified pursuant to article 44 of the public health law, covered under subparagraph (c) of paragraph 1 of subsection (d) of section 3216 and subsection (g) of section 4306 of the insurance law shall: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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