Senate Bill S5581

Signed By Governor
2021-2022 Legislative Session

Extends the effectiveness of provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups

download bill text pdf

Sponsored By

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

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Bill Amendments

co-Sponsors

2021-S5581 - Details

Law Section:
Insurance
Laws Affected:
Amd §5, Chap 589 of 2015; amd §5, Chap 588 of 2015
Versions Introduced in Other Legislative Sessions:
2019-2020: S7927
2023-2024: S3613

2021-S5581 - Summary

Extends the effectiveness of provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups.

2021-S5581 - Sponsor Memo

2021-S5581 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5581
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              March 11, 2021
                                ___________
 
 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 section 1 of item E of subpart H  of
 part  XXX  of  chapter  58  of  the  laws of 2020, is amended to read as
 follows:
   § 5. This act shall take effect on the  same  date  and  in  the  same
 manner  as  chapter  588 of the laws of 2015, takes effect [and shall be
 deemed repealed seven 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 section 2 of item E of subpart H of
 part XXX of chapter 58 of the laws  of  2020,  is  amended  to  read  as
 follows:
   §  5.  This  act  shall  take effect immediately[; and shall be deemed
 repealed 7 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.
                                                            LBD07647-01-1



              

co-Sponsors

2021-S5581A (ACTIVE) - Details

Law Section:
Insurance
Laws Affected:
Amd §5, Chap 589 of 2015; amd §5, Chap 588 of 2015
Versions Introduced in Other Legislative Sessions:
2019-2020: S7927
2023-2024: S3613

2021-S5581A (ACTIVE) - Summary

Extends the effectiveness of provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups.

2021-S5581A (ACTIVE) - Sponsor Memo

2021-S5581A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5581--A
     Cal. No. 742
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              March 11, 2021
                                ___________
 
 Introduced  by  Sens.  BRESLIN,  HARCKHAM, HELMING, JORDAN, MAY, STEC --
   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, passed
   by Senate and delivered to the Assembly, recalled, vote  reconsidered,
   restored  to  third  reading, amended and ordered reprinted, retaining
   its place in the order of third reading
 
 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 the effectiveness thereof; 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 the effectiveness thereof
 
   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 section 1 of item E of subpart H  of
 part  XXX  of  chapter  58  of  the  laws of 2020, is amended to read as
 follows:
   § 5. This act shall take effect on the  same  date  and  in  the  same
 manner  as  chapter  588  of the laws of 2015, takes effect and shall be
 deemed repealed [seven] TEN 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 section 2 of item E of subpart H of
 part XXX of chapter 58 of the laws  of  2020,  is  amended  to  read  as
 follows:
   §  5.  This  act  shall  take  effect immediately; and shall be deemed
 repealed [7] TEN 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
              

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