assembly Bill A7488A

2021-2022 Legislative Session

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint

download bill text pdf

Sponsored By

Current Bill Status - Passed Assembly


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

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Actions

view actions (16)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 24, 2022 referred to insurance
delivered to senate
passed assembly
Jan 12, 2022 amended on third reading 7488a
Jan 05, 2022 ordered to third reading cal.246
returned to assembly
died in senate
Jun 08, 2021 referred to rules
delivered to senate
passed assembly
Jun 01, 2021 ordered to third reading rules cal.250
rules report cal.250
reported
May 25, 2021 reported referred to rules
May 20, 2021 reported referred to codes
May 11, 2021 referred to insurance

Co-Sponsors

view additional co-sponsors

A7488 - Details

See Senate Version of this Bill:
S3079
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3462, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A7786
2019-2020: A6062, S5183

A7488 - Summary

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.

A7488 - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7488
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 11, 2021
                                ___________
 
 Introduced  by  M.  of  A. J. D. RIVERA -- read once and referred to the
   Committee on Insurance
 
 AN ACT to amend the insurance law, in relation to prohibiting the exclu-
   sion of coverage for losses or damages caused  by  exposure  to  lead-
   based paint
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3458
 to read as follows:
   §  3458. EXCLUSION FOR LEAD HAZARDS PROHIBITED. NO INSURER LICENSED OR
 PERMITTED BY THE SUPERINTENDENT TO PROVIDE LIABILITY COVERAGE TO  RENTAL
 PROPERTY  OWNERS  SHALL  EXCLUDE,  AFTER TWENTY-SIX MONTHS FOLLOWING THE
 EFFECTIVE DATE OF THIS SECTION, COVERAGE FOR LOSSES OR DAMAGES CAUSED BY
 EXPOSURE TO LEAD-BASED PAINT. THE DEPARTMENT SHALL NOT PERMIT, AUTHORIZE
 OR APPROVE ANY EXCLUSION FOR INJURY OR DAMAGE RESULTING FROM EXPOSURE TO
 LEAD-BASED PAINT, EXCEPT AS SPECIFICALLY PROVIDED FOR IN LAW,  THAT  WAS
 NOT  IN  EFFECT AS OF THE EFFECTIVE DATE OF THIS SECTION, AND ALL PREVI-
 OUSLY APPROVED EXCLUSIONS SHALL TERMINATE ON OR BEFORE TWENTY-SIX MONTHS
 FOLLOWING THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05070-02-1


Co-Sponsors

view additional co-sponsors

A7488A (ACTIVE) - Details

See Senate Version of this Bill:
S3079
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3462, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A7786
2019-2020: A6062, S5183

A7488A (ACTIVE) - Summary

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.

A7488A (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7488--A
                                                         Cal. No. 246
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 11, 2021
                                ___________
 
 Introduced  by  M. of A. J. D. RIVERA, DINOWITZ, HEVESI, MEEKS, MAMDANI,
   SEAWRIGHT, JACKSON, GALEF, GOTTFRIED,  FAHY,  McMAHON,  CLARK,  SIMON,
   PEOPLES-STOKES -- read once and referred to the Committee on Insurance
   --  ordered to a third reading, amended and ordered reprinted, retain-
   ing its place on the order of third reading
 
 AN ACT to amend the insurance law, in relation to prohibiting the exclu-
   sion of coverage for losses or damages caused  by  exposure  to  lead-
   based paint
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3462
 to read as follows:
   §  3462. EXCLUSION FOR LEAD HAZARDS PROHIBITED. NO INSURER LICENSED OR
 PERMITTED BY THE SUPERINTENDENT TO PROVIDE LIABILITY COVERAGE TO  RENTAL
 PROPERTY  OWNERS  SHALL  EXCLUDE,  AFTER TWENTY-SIX MONTHS FOLLOWING THE
 EFFECTIVE DATE OF THIS SECTION, COVERAGE FOR LOSSES OR DAMAGES CAUSED BY
 EXPOSURE TO LEAD-BASED PAINT. THE DEPARTMENT SHALL NOT PERMIT, AUTHORIZE
 OR APPROVE ANY EXCLUSION FOR INJURY OR DAMAGE RESULTING FROM EXPOSURE TO
 LEAD-BASED PAINT, EXCEPT AS SPECIFICALLY PROVIDED FOR IN LAW,  THAT  WAS
 NOT  IN  EFFECT AS OF THE EFFECTIVE DATE OF THIS SECTION, AND ALL PREVI-
 OUSLY APPROVED EXCLUSIONS SHALL TERMINATE ON OR BEFORE TWENTY-SIX MONTHS
 FOLLOWING THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05070-03-2