Assembly Bill A7012B

Vetoed By Governor
2017-2018 Legislative Session

Relates to the granting of continuing education credits by the superintendent of financial services

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S3960 - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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Actions
Votes

Bill Amendments

co-Sponsors

multi-Sponsors

2017-A7012 - Details

See Senate Version of this Bill:
S3960
Law Section:
Insurance Law
Laws Affected:
Amd §2132, Ins L
Versions Introduced in Other Legislative Sessions:
2019-2020: A5922, A9976, S4365, S7972
2021-2022: A3548, S3576
2023-2024: A3210, S2815

2017-A7012 - Summary

Relates to authorizing the superintendent of financial services to grant six credit hours of continuing education for a licensees' active membership in a statewide professional insurance producer association.

2017-A7012 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7012
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 29, 2017
                                ___________
 
 Introduced by M. of A. HUNTER -- read once and referred to the Committee
   on Insurance
 
 AN  ACT  to  amend  the  insurance  law,  in relation to the granting of
   continuing  education  credits  by  the  superintendent  of  financial
   services
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subsection (c) of section 2132  of  the  insurance  law  is
 amended by adding a new paragraph 4 to read as follows:
   (4)  THE  SUPERINTENDENT SHALL GRANT SIX CREDIT HOURS FOR A LICENSEES'
 ACTIVE MEMBERSHIP IN A STATEWIDE PROFESSIONAL INSURANCE PRODUCER ASSOCI-
 ATION, PER BIENNIAL PERIOD.
   (A) FOR THE PURPOSE  OF  THIS  PARAGRAPH,  A  "STATEWIDE  PROFESSIONAL
 INSURANCE  PRODUCER ASSOCIATION" SHALL BE DEFINED AS AN ASSOCIATION THAT
 HAS BEEN IN EXISTENCE FOR AT LEAST TEN YEARS, WHICH DERIVES ITS  MEMBER-
 SHIP  FROM  AMONGST  THOSE  PERSONS  THAT  HAVE BEEN ISSUED AN INSURANCE
 PRODUCER'S LICENSE BY THE SUPERINTENDENT, AND WHICH IS DEDICATED TO  THE
 PROMOTION  OF  THE INTEGRITY, TRUST, PROFESSIONALISM AND BUSINESS INTER-
 ESTS OF ITS MEMBERSHIP THROUGH EDUCATION, ADVOCACY,  SOCIAL  INTERACTION
 AND THE DEVELOPMENT OF ETHICAL AND SOUND BUSINESS PRACTICES.
   (B)  FOR THE PURPOSE OF THIS PARAGRAPH, 'ACTIVE MEMBERSHIP' MEANS: (I)
 CERTIFICATION BY THE LICENSEE TO THE SUPERINTENDENT THAT THE MEMBER  WAS
 IN  GOOD STANDING WITH DUES PAID IN FULL FOR THE PREVIOUS BIENNIAL PERI-
 OD; (II) CERTIFICATION TO THE SUPERINTENDENT BY THE  LICENSEE  THAT  THE
 MEMBER  HAS  READ THE PROFESSIONAL INSURANCE PRODUCER ASSOCIATION'S CODE
 OF ETHICS; AND (III) CERTIFICATION TO THE SUPERINTENDENT BY THE LICENSEE
 THAT THE LICENSEE HAS ATTENDED AT LEAST ONE EDUCATIONAL MEETING, PRESEN-
 TATION OR CONFERENCE SPONSORED BY THE  PROFESSIONAL  INSURANCE  PRODUCER
 ASSOCIATION EACH YEAR DURING THE PREVIOUS BIENNIAL PERIOD.
   (C)  THE  PROFESSIONAL  INSURANCE PRODUCER ASSOCIATION SHALL FILE WITH
 THE SUPERINTENDENT ANNUALLY, BY JANUARY  THIRTY-FIRST,  A  LIST  OF  ALL
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

co-Sponsors

multi-Sponsors

2017-A7012A - Details

See Senate Version of this Bill:
S3960
Law Section:
Insurance Law
Laws Affected:
Amd §2132, Ins L
Versions Introduced in Other Legislative Sessions:
2019-2020: A5922, A9976, S4365, S7972
2021-2022: A3548, S3576
2023-2024: A3210, S2815

2017-A7012A - Summary

Relates to authorizing the superintendent of financial services to grant six credit hours of continuing education for a licensees' active membership in a statewide professional insurance producer association.

2017-A7012A - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7012--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 29, 2017
                                ___________
 
 Introduced by M. of A. HUNTER, COOK, DICKENS, HYNDMAN -- Multi-Sponsored
   by  --  M.  of A. ERRIGO -- read once and referred to the Committee on
   Insurance -- recommitted to the Committee on Insurance  in  accordance
   with  Assembly  Rule  3, sec. 2 -- committee discharged, bill amended,
   ordered reprinted as amended and recommitted to said committee

 AN ACT to amend the insurance  law,  in  relation  to  the  granting  of
   continuing  education  credits  by  the  superintendent  of  financial
   services
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subsection  (c)  of  section 2132 of the insurance law is
 amended by adding a new paragraph 4 to read as follows:
   (4) THE SUPERINTENDENT SHALL GRANT SIX CREDIT HOURS FOR  A  LICENSEES'
 ACTIVE MEMBERSHIP IN A STATEWIDE PROFESSIONAL INSURANCE PRODUCER ASSOCI-
 ATION, PER BIENNIAL PERIOD.
   (A)  FOR  THE  PURPOSE  OF  THIS  PARAGRAPH, A "STATEWIDE PROFESSIONAL
 INSURANCE PRODUCER ASSOCIATION" SHALL BE DEFINED AS AN ASSOCIATION  THAT
 HAS  BEEN IN EXISTENCE FOR AT LEAST TEN YEARS, WHICH DERIVES ITS MEMBER-
 SHIP FROM AMONGST THOSE PERSONS  THAT  HAVE  BEEN  ISSUED  AN  INSURANCE
 PRODUCER'S  LICENSE BY THE SUPERINTENDENT, AND WHICH IS DEDICATED TO THE
 PROMOTION OF THE INTEGRITY, TRUST, PROFESSIONALISM AND  BUSINESS  INTER-
 ESTS  OF  ITS MEMBERSHIP THROUGH EDUCATION, ADVOCACY, SOCIAL INTERACTION
 AND THE DEVELOPMENT OF ETHICAL AND SOUND BUSINESS  PRACTICES  INCLUDING,
 BUT NOT LIMITED TO, A PROFESSIONAL PUBLICATION OR JOURNAL THAT IS ISSUED
 NOT  LESS THAN FOUR TIMES A YEAR; ISSUANCE OF NOT LESS THAN SIX GUIDANCE
 OR FACT-BASED POLICY STATEMENTS OR  INSTRUCTIONAL  MEMORANDA  ON  TOPICS
 PERTAINING  TO  PROFESSIONAL  PRACTICE,  CUSTOMER  SERVICE,  ETHICS OR A
 SUBSTANTIVE ISSUE; OR DISTRIBUTION OF NOT LESS THAN TWELVE  SUCH  STATE-
 MENTS OR MEMORANDA PRODUCED BY ANOTHER ORGANIZATION.
   (B)  FOR THE PURPOSE OF THIS PARAGRAPH, 'ACTIVE MEMBERSHIP' MEANS: (I)
 CERTIFICATION BY THE LICENSEE TO THE SUPERINTENDENT THAT THE MEMBER  WAS
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

co-Sponsors

multi-Sponsors

2017-A7012B (ACTIVE) - Details

See Senate Version of this Bill:
S3960
Law Section:
Insurance Law
Laws Affected:
Amd §2132, Ins L
Versions Introduced in Other Legislative Sessions:
2019-2020: A5922, A9976, S4365, S7972
2021-2022: A3548, S3576
2023-2024: A3210, S2815

2017-A7012B (ACTIVE) - Summary

Relates to authorizing the superintendent of financial services to grant six credit hours of continuing education for a licensees' active membership in a statewide professional insurance producer association.

2017-A7012B (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7012--B
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 29, 2017
                                ___________
 
 Introduced by M. of A. HUNTER, COOK, DICKENS, HYNDMAN -- Multi-Sponsored
   by  --  M.  of A. ERRIGO -- read once and referred to the Committee on
   Insurance -- recommitted to the Committee on Insurance  in  accordance
   with  Assembly  Rule  3, sec. 2 -- committee discharged, bill amended,
   ordered reprinted as amended and  recommitted  to  said  committee  --
   again  reported from said committee with amendments, ordered reprinted
   as amended and recommitted to said committee
 
 AN ACT to amend the insurance  law,  in  relation  to  the  granting  of
   continuing  education  credits  by  the  superintendent  of  financial
   services
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subsection  (c)  of  section 2132 of the insurance law is
 amended by adding a new paragraph 4 to read as follows:
   (4) THE SUPERINTENDENT SHALL GRANT SIX CREDIT HOURS FOR  A  LICENSEES'
 ACTIVE MEMBERSHIP IN A STATEWIDE PROFESSIONAL INSURANCE PRODUCER ASSOCI-
 ATION, PER BIENNIAL PERIOD.
   (A)  FOR  THE  PURPOSE  OF  THIS  PARAGRAPH, A "STATEWIDE PROFESSIONAL
 INSURANCE PRODUCER ASSOCIATION" SHALL BE DEFINED AS AN ASSOCIATION  THAT
 HAS  BEEN IN EXISTENCE FOR AT LEAST TEN YEARS, WHICH DERIVES ITS MEMBER-
 SHIP FROM AMONGST THOSE PERSONS  THAT  HAVE  BEEN  ISSUED  AN  INSURANCE
 PRODUCER'S  LICENSE BY THE SUPERINTENDENT, AND WHICH IS DEDICATED TO THE
 PROMOTION OF THE INTEGRITY, TRUST, PROFESSIONALISM AND  BUSINESS  INTER-
 ESTS  OF  ITS MEMBERSHIP THROUGH EDUCATION, ADVOCACY, SOCIAL INTERACTION
 AND THE DEVELOPMENT OF ETHICAL AND SOUND BUSINESS  PRACTICES  INCLUDING,
 BUT NOT LIMITED TO, A PROFESSIONAL PUBLICATION OR JOURNAL THAT IS ISSUED
 NOT  LESS THAN FOUR TIMES A YEAR; ISSUANCE OF NOT LESS THAN SIX GUIDANCE
 OR FACT-BASED POLICY STATEMENTS OR  INSTRUCTIONAL  MEMORANDA  ON  TOPICS
 PERTAINING  TO  PROFESSIONAL  PRACTICE,  CUSTOMER  SERVICE,  ETHICS OR A
 SUBSTANTIVE ISSUE; OR DISTRIBUTION OF NOT LESS THAN TWELVE  SUCH  STATE-
 MENTS OR MEMORANDA PRODUCED BY ANOTHER ORGANIZATION.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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