Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jan 25, 2023 | referred to insurance delivered to assembly passed senate |
Jan 23, 2023 | advanced to third reading |
Jan 18, 2023 | 2nd report cal. |
Jan 17, 2023 | 1st report cal.139 |
Jan 04, 2023 | referred to insurance |
senate Bill S450
Sponsored By
Michael Gianaris
(D, WF) 12th Senate District
Current Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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S450 (ACTIVE) - Details
S450 (ACTIVE) - Sponsor Memo
BILL NUMBER: S450 SPONSOR: GIANARIS TITLE OF BILL: An act to amend the insurance law, in relation to prohibiting the impo- sition of different rates for premiums for the provision of disability insurance PURPOSE: To remove gender discrimination from disability insurance premium rates SUMMARY OF PROVISIONS: Section 1 amends the insurance law, adding a new section 3215-a to prohibit insurance companies from charging different rates for disabili- ty insurance on the basis of gender. Section 2 sets the effective date.
S450 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 450 2023-2024 Regular Sessions I N S E N A T E (PREFILED) January 4, 2023 ___________ Introduced by Sen. GIANARIS -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to prohibiting the impo- sition of different rates for premiums for the provision of disability insurance 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 3215-a to read as follows: § 3215-A. DISABILITY INSURANCE PREMIUM RATES. NO INSURER OFFERING OR PROVIDING INDIVIDUAL, GROUP OR BLANKET DISABILITY INSURANCE IN THIS STATE SHALL CHARGE OR IMPOSE DIFFERENT RATES FOR PREMIUMS FOR THE PROVISION OF SUCH INSURANCE TO INDIVIDUALS INSURED UNDER A POLICY, ON THE BASIS OF THE GENDER OF THE INSURED OR INSUREDS. § 2. This act shall take effect on the first of January next succeed- ing one year after it shall have become a law, and shall apply to poli- cies and contracts issued, renewed, modified, altered or amended on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02655-01-3
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