senate Bill S450

2023-2024 Legislative Session

Prohibits the imposition of different premium rates for disability insurance based on gender

download bill text pdf

Sponsored By

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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Actions

view actions (7)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
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

S450 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3215-a, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: S7416
2019-2020: S3664
2021-2022: S1187

S450 (ACTIVE) - Summary

Prohibits the imposition of different premium rates for disability insurance based on gender.

S450 (ACTIVE) - Sponsor Memo

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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