Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 01, 2022 |
returned to senate passed assembly |
May 24, 2022 |
ordered to third reading rules cal.390 substituted for a10227 |
May 24, 2022 |
substituted by s8902 |
May 23, 2022 |
ordered to third reading rules cal.390 rules report cal.390 reported |
May 11, 2022 |
reported referred to rules |
May 09, 2022 |
referred to insurance |
Assembly Bill A10227
2021-2022 Legislative Session
Sponsored By
CAHILL
Archive: Last Bill Status Via S8902 - Passed Assembly
- 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
2021-A10227 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8902
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §§1325 & 2343, Ins L
2021-A10227 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10227 I N A S S E M B L Y May 9, 2022 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Cahill) -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to extending certain provisions relating to medical malpractice insurers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1325 of the insurance law, as amended by chapter 435 of the laws of 2019, is amended to read as follows: § 1325. Exemption. For the purposes of exempting certain insurance companies from the provisions of section one thousand three hundred twenty-four of this article, the superintendent shall exempt, through December thirty-first, two thousand [twenty-two] TWENTY-FIVE, those stock and non-stock insurance companies to which subparagraph (B) of paragraph two of subsection (b) of such section applies. § 2. Subsection (c) of section 2343 of the insurance law, as amended by chapter 435 of the laws of 2019, is amended to read as follows: (c) Notwithstanding any other provision of this chapter, no applica- tion for an order of rehabilitation or liquidation of a domestic insurer whose primary liability arises from the business of medical malpractice insurance, as that term is defined in subsection (b) of section five thousand five hundred one of this chapter, shall be made on the grounds specified in subsection (a) or (c) of section seven thousand four hundred two of this chapter at any time prior to December thirty-first, two thousand [twenty-two] TWENTY-FIVE. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15529-01-2
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