NY State Senate Bill 2019-S4107

Archive: Last Bill Status - Stricken

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

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Mar 19, 2019	recommit, enacting clause stricken
Feb 28, 2019	referred to finance

2019-S4107 (ACTIVE) - Details

See Assembly Version of this Bill:: A5340
Law Section:: State Finance Law
Laws Affected:: Amd §2, Chap 1 of 2012; amd §165-a, St Fin L; amd §1, Chap 481 of 2013; rpld §1415 sub§ 5, Ins L
Versions Introduced in Other Legislative Sessions:: 2015-2016: S6048, A9262
2017-2018: S923, A1648
2021-2022: A403
2023-2024: A1365

2019-S4107 (ACTIVE) - Summary

Enacts the New York State Iran divestment act; provides for sanctions against the financial and energy sectors of Iran unless a duly executed treaty is approved by two-thirds of the United States Senate.

2019-S4107 (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S4107

SPONSOR: ORTT
 
TITLE OF BILL:  An act to amend the Iran divestment act of 2012, the
state finance law, and chapter 481 of the laws of 2013 amending the
insurance law relating to investments in foreign states sponsoring
terrorism, in relation to the divestment of Iran; and to repeal certain
provisions of the insurance law relating thereto

 
PURPOSE:

This bill, would keep in place the previously enacted sanctions enacted
by New York State against the financial and energy sectors of the Islam-
ic Republic of Iran, a unless a duly executed treaty approved by two-
thirds of the United States Senate abrogates the same in accordance with
federal law.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section I titles the bill.

Section II amends section 2 of chapter 1 of the laws of 2012 and section
1 of chapter 481 of the laws of 2013 to update the legislative findings
and determinations of such sections to specify state interest in
preserving the previously enacted state sanctions involving the energy
and investment sectors of the Islamic Republic of Iran;

Sections III and IV amend subdivision 1 of section 165-a of the state
finance law to conform definitions of "financial institution" and
"multilateral development institution" with definitions appropriate for
inclusion in state law;

Section V amends subdivision 6 of section 165-a of the state finance law
to make conforming state law changes to the reporting requirements of
the state sanctions program;

Section VI amends section I of chapter 481 of the laws of 2013 amending
the insurance law relating to investments in foreign states sponsoring
terrorism;

Section VII repeals the automatic removal of sanctions provisions of
section 1415 of the insurance law, so as to require a review and act of
the state legislature; and

Section VIII sets forth the effective date, and additionally provide
that the previously enacted sanctions shall not be deemed repealed as
the result of any executive action taken by the president of the United
States, or the department of state, unless such action is a duly
executed treaty approved by two-thirds of the United States Senate, and
then further provide that the addition, amendment and/or repeal of any
rule or regulation necessary for the implementation of this act is
authorized to be made on and after such effective date.

 
JUSTIFICATION:

The serious and urgent nature of the continued threat from the present
government of the Islamic Republic of Iran demands that our state, local
governments and private institutions all work together to continue to
ensure that this radical state sponsor of terrorism does not have the
resources to acquire nuclear weapons capability. Based upon their past
actions alone, allowing the Iranian government to develop nuclear weap-
ons, would pose a serious threat. to New York State, its citizens and
their property, as well as to the entire United States and its allies in
the Middle East.

Iranian leaders at the highest levels have repeatedly declared an inten-
tion to obtain and use nuclear weapons. Moreover, with New York remain-
ing the principal target for terrorism in the United States, a nuclear
Iran, which has long been an advocate and state sponsor for terrorism,
would place New York and its citizens at particular risk.  The health
and safety of all New Yorkers, thereby simply demands, that the prudent
action of this bill be taken to assure the continuation of previously
enacted New York State sanctions against Iran in order to protect our
state's citizens and their property.

 
LEGISLATIVE HISTORY:

2018: A01648 (Rozic) - Governmental Operations
2017: A01648 (Rozic) - Governmental Operations
2016: A09262 (Rozic) - Governmental Operations

 
FISCAL IMPACT ON THE STATE:

None noted.

 
EFFECTIVE DATE:
This act would take effect immediately.

2019-S4107 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4107
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 28, 2019
                                ___________
 
 Introduced  by  Sen.  ORTT  --  read twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 AN ACT to amend the Iran divestment act of 2012, the state finance  law,
   and  chapter 481 of the laws of 2013 amending the insurance law relat-
   ing to investments in foreign states sponsoring terrorism, in relation
   to the divestment of Iran; and to repeal  certain  provisions  of  the
   insurance law relating thereto
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be cited as  the  New  York
 state Iran divestment act.
   §  2.  Section  2  of chapter 1 of the laws of 2012 amending the state
 finance law and other laws enacting the Iran divestment act of  2012  is
 amended to read as follows:
   § 2. The legislature hereby finds and declares all of the following:
   [(a)  Congress  and  the  President  have  determined that the illicit
 nuclear activities of the Government of Iran, combined with its develop-
 ment of unconventional weapons and ballistic missiles, and  its  support
 of  international  terrorism, represent a serious threat to the security
 of the United States, Israel, and other United States allies in  Europe,
 the Middle East, and around the world.
   (b)  The  International  Atomic  Energy  Agency  has repeatedly called
 attention to Iran's unlawful nuclear activities, and, as a  result,  the
 United  Nations  Security  Council  has  adopted  a  range  of sanctions
 designed to encourage the government of Iran to cease  those  activities
 and  comply  with its obligations under the Treaty on the Non-Prolifera-
 tion of Nuclear Weapons (commonly known as the  "Nuclear  Non-Prolifera-
 tion Treaty").
   (c)  On  July  1,  2010,  President  Barack Obama signed into law H.R.
 2194, the "Comprehensive Iran Sanctions, Accountability, and  Divestment
 Act of 2010" (Public Law 111-195), which expressly authorizes states and

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD01108-01-9

 S. 4107                             2

 local  governments to prevent investment in, including prohibiting entry
 into or renewing contracts with, companies operating  in  Iran's  energy
 sector  with  investments that have the result of directly or indirectly
 supporting  the  efforts  of  the  government of Iran to achieve nuclear
 weapons capability.
   (d) The serious and urgent nature of the threat from Iran demands that
 states, local governments, and private institutions work  together  with
 the  federal  government  and  American allies to do everything possible
 diplomatically, politically,  and  economically  to  prevent  Iran  from
 acquiring a nuclear weapons capability.
   (e)  Respect  for  human  rights  in Iran has steadily deteriorated as
 demonstrated  by  transparently  fraudulent  elections  and  the  brutal
 repression  and  murder,  arbitrary arrests, and show trials of peaceful
 dissidents.
   (f) The concerns of the state of New York regarding Iran are  strictly
 the  result  of  the actions of the government of Iran and should not be
 construed as enmity towards the Iranian people.
   (g) In order to effectively address the need for  the  governments  of
 this  state  to  respond  to  the policies of Iran in a uniform fashion,
 prohibiting contracts with persons engaged in investment  activities  in
 the energy sector of Iran must be accomplished on a statewide basis.
   (h) It is the intent of the legislature to fully implement the author-
 ity  granted  under  Section  202  of  the Comprehensive Iran Sanctions,
 Accountability, and Divestment Act of 2010 (Public Law 111-195).]
   (A) THAT THE ILLICIT NUCLEAR ACTIVITIES OF  THE  GOVERNMENT  OF  IRAN,
 COMBINED  WITH  ITS  DEVELOPMENT OF UNCONVENTIONAL WEAPONS AND BALLISTIC
 MISSILES, AND ITS SUPPORT OF INTERNATIONAL TERRORISM, REPRESENT A  SERI-
 OUS  THREAT  TO  THE SECURITY OF THE STATE OF NEW YORK, ITS CITIZENS AND
 THEIR PROPERTY;
   (B) THAT IRAN  AND  OTHER  TERRORIST  STATES  AND  ORGANIZATIONS  HAVE
 REPEATEDLY  IDENTIFIED  NEW  YORK  STATE  AND  ITS CITIZENS AS A PRIMARY
 TARGET FOR TERRORIST ACTIVITIES  AND  ATTACKS,  AND  UNDER  THE  STATE'S
 CONSTITUTIONAL POWERS TO PROVIDE FOR THE PUBLIC HEALTH, SAFETY, SECURITY
 AND  PUBLIC PROTECTION OF ITS CITIZENS AND THEIR PROPERTY, AND UNDER THE
 STATE'S CONSTITUTIONAL POWERS TO PROVIDE FOR THE  PROTECTION  AND  REGU-
 LATION  OF  ITS  FINANCIAL, BANKING AND INSURANCE SECTORS, AND UNDER THE
 STATE'S CONSTITUTIONAL POWERS TO PROVIDE FOR THE  PROTECTION  AND  REGU-
 LATION  OF ITS ENVIRONMENT AND NATURAL RESOURCES, NEW YORK STATE HAS THE
 LEGAL AUTHORITY TO PREVENT INVESTMENT IN,  INCLUDING  PROHIBITING  ENTRY
 INTO  OR  RENEWING  CONTRACTS WITH, COMPANIES OPERATING IN IRAN'S ENERGY
 AND FINANCIAL SECTORS WITH INVESTMENTS THAT HAVE THE RESULT OF  DIRECTLY
 OR  INDIRECTLY  SUPPORTING  THE  EFFORTS  OF  THE  GOVERNMENT OF IRAN TO
 ACHIEVE NUCLEAR WEAPONS CAPABILITY OR TO OTHERWISE  PROMOTE  OR  ADVANCE
 TERRORIST  ACTIVITIES  THAT  WILL  TARGET  OR AFFECT NEW YORK STATE, ITS
 CITIZENS OR THEIR PROPERTY;
   (C) THAT THE SERIOUS AND URGENT NATURE OF THE THREAT FROM IRAN DEMANDS
 THAT STATES, LOCAL GOVERNMENTS, AND PRIVATE INSTITUTIONS  WORK  TOGETHER
 WITH  THE FEDERAL GOVERNMENT AND AMERICAN ALLIES TO DO EVERYTHING POSSI-
 BLE DIPLOMATICALLY, POLITICALLY, AND ECONOMICALLY TO PREVENT  IRAN  FROM
 ACQUIRING  A  NUCLEAR  WEAPONS  CAPABILITY  OR  TO  OTHERWISE PROMOTE OR
 ADVANCE TERRORIST ACTIVITIES THAT WILL TARGET OR AFFECT NEW YORK  STATE,
 ITS CITIZENS OR THEIR PROPERTY;
   (D)  THAT IRAN HAS REPEATEDLY DEMONSTRATED AN INTENT TO PURSUE AND USE
 NUCLEAR WEAPONS, WEAPONS OF MASS DESTRUCTION, AND TO PROMOTE OR  ADVANCE
 TERRORIST ACTIVITIES ACROSS THE WORLD;

 S. 4107                             3
 
   (E) THAT RESPECT FOR HUMAN RIGHTS IN IRAN HAS STEADILY DETERIORATED AS
 DEMONSTRATED  BY  TRANSPARENTLY  FRAUDULENT  ELECTIONS  AND  THE  BRUTAL
 REPRESSION AND MURDER, ARBITRARY ARRESTS, AND SHOW  TRIALS  OF  PEACEFUL
 DISSIDENTS;
   (F)  THAT  THE  CONCERNS  OF  THE STATE OF NEW YORK REGARDING IRAN ARE
 STRICTLY THE RESULT OF THE ACTIONS OF THE GOVERNMENT OF IRAN AND  SHOULD
 NOT BE CONSTRUED AS ENMITY TOWARDS THE IRANIAN PEOPLE;
   (G)  THAT IN ORDER TO EFFECTIVELY ADDRESS THE NEED FOR THE GOVERNMENTS
 OF THIS STATE TO RESPOND TO THE POLICIES OF IRAN IN A  UNIFORM  FASHION,
 PROHIBITING  CONTRACTS  WITH PERSONS ENGAGED IN INVESTMENT ACTIVITIES IN
 THE ENERGY AND FINANCIAL SECTORS OF  IRAN  MUST  BE  ACCOMPLISHED  ON  A
 STATEWIDE BASIS;
   (H)  THAT  TERRORISTS HAVE CONTINUED TO USE IRAN AS THEIR SAFE HARBOR,
 THAT THE IRANIAN GOVERNMENT HAS FAILED TO ADDRESS THE SPREAD OF  TERROR-
 IST  ACTIVITIES,  AND  THAT HUMAN RIGHTS VIOLATIONS ARE IN IRAN ARE, AND
 CONTINUE TO BE RAMPANT; AND
   (I) THAT THE SERIOUS AND URGENT NATURE OF THE  CONTINUED  THREAT  FROM
 IRAN,  FOR  THE  STATE  OF  NEW  YORK,  ITS CITIZENS AND THEIR PROPERTY,
 DEMANDS THAT OUR STATE, LOCAL GOVERNMENTS AND PRIVATE INSTITUTIONS  WORK
 TOGETHER  TO  CONTINUE  TO  DO ALL WITHIN ITS LEGAL POWER TO ENSURE THAT
 IRAN DOES NOT HAVE THE RESOURCES TO ACQUIRE NUCLEAR  WEAPONS  CAPABILITY
 AND THAT IT CEASE ITS PROMOTION AND ADVANCEMENT OF TERRORIST ACTIVITIES.
   §  3.  Paragraph  (b)  of  subdivision 1 of section 165-a of the state
 finance law, as added by chapter 1 of the laws of 2012,  is  amended  to
 read as follows:
   (b)  "Financial  institution" means [the term as used in Section 14 of
 the Iran Sanctions Act of 1996  (Public  Law  104-172;  50  U.S.C.  1701
 note).]:
   (1) A BANKING ORGANIZATION AS DEFINED IN SUBDIVISION ELEVEN OF SECTION
 TWO OF THE BANKING LAW;
   (2) A SECURITIES FIRM, INCLUDING A BROKER OR DEALER;
   (3)  ANY  INSURANCE  COMPANY, INCLUDING ANY COMPANY, AGENT, BROKER, OR
 UNDERWRITER, LICENSED  OR  REGULATED  BY  THE  DEPARTMENT  OF  FINANCIAL
 SERVICES PURSUANT TO THE INSURANCE LAW; AND/OR
   (4)  ANY OTHER COMPANY THAT PROVIDES A FINANCIAL PRODUCT OR SERVICE AS
 DEFINED IN SUBDIVISION TWO OF SECTION ONE HUNDRED FOUR OF THE  FINANCIAL
 SERVICES LAW.
   § 4. Subparagraph 2 of paragraph (e) of subdivision 1 of section 165-a
 of  the state finance law, as added by chapter 1 of the laws of 2012, is
 amended to read as follows:
   (2) Any  governmental  entity  or  instrumentality  of  a  government,
 including [a multilateral development institution, as defined in Section
 1701(c)(3)  of  the  International Financial Institutions Act (22 U.S.C.
 262r(c)(3))] THE INTERNATIONAL BANK FOR RECONSTRUCTION AND  DEVELOPMENT,
 THE  EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT, THE INTERNATIONAL
 DEVELOPMENT ASSOCIATION,  THE  INTERNATIONAL  FINANCE  CORPORATION,  THE
 MULTILATERAL  INVESTMENT GUARANTEE AGENCY, THE AFRICAN DEVELOPMENT BANK,
 THE AFRICAN DEVELOPMENT FUND, THE ASIAN DEVELOPMENT BANK, THE  INTER-AM-
 ERICAN  DEVELOPMENT BANK, THE BANK FOR ECONOMIC COOPERATION AND DEVELOP-
 MENT IN THE MIDDLE EAST AND NORTH AFRICA, AND THE INTER-AMERICAN INVEST-
 MENT CORPORATION.
   § 5. Subdivision 6 of section 165-a of the state finance law, as added
 by chapter 1 of the laws of 2012, is amended to read as follows:
   6. The commissioner shall report to the governor and  the  legislature
 annually  on  or  before  October  first,  on the status of the [federal
 "Comprehensive Iran Sanctions, Accountability,  and  Divestment  Act  of

 S. 4107                             4

 2010"  (Public  Law  111-195),  "the  Iran  divestment  act  of  2012",]
 PROVISIONS OF THE NEW YORK STATE IRAN DIVESTMENT ACT and  any  rules  or
 regulations adopted thereunder.
   §  6. Section 1 of chapter 481 of the laws of 2013 amending the insur-
 ance law relating to investments in foreign states sponsoring terrorism,
 is amended to read as follows:
   Section 1. The legislature finds and declares all of the following:
   [(1) The Federal Securities and  Exchange  Commission  has  determined
 that  investments  in foreign states sponsoring terrorism, such as Iran,
 that are subject to sanctions by the United States, may materially  harm
 the  share value of foreign companies. Shares in these foreign companies
 may be held in the portfolio of insurance companies issuing policies  to
 New York consumers.
   (2)  Publicly  traded companies in the United States are substantially
 restricted in doing business in or with foreign states,  such  as  Iran,
 that  the United States Department of State has identified as sponsoring
 terrorism.
   (3) Identifying persons with investments in foreign  states,  such  as
 Iran,  that  sponsor  terrorism  and ensuring that those investments are
 financially sound is an important public policy priority.
   (4) It is the government of Iran, and not the people of Iran, that  is
 responsible  for  Iran's support of terrorism and that commits egregious
 violations of human rights under which its own citizens are required  to
 live.]
  (A)  THAT  THE  ILLICIT  NUCLEAR  ACTIVITIES OF THE GOVERNMENT OF IRAN,
 COMBINED WITH ITS DEVELOPMENT OF UNCONVENTIONAL  WEAPONS  AND  BALLISTIC
 MISSILES,  AND ITS SUPPORT OF INTERNATIONAL TERRORISM, REPRESENT A SERI-
 OUS THREAT TO THE SECURITY OF THE STATE OF NEW YORK,  ITS  CITIZENS  AND
 THEIR PROPERTY;
   (B)  THAT  IRAN  AND  OTHER  TERRORIST  STATES  AND ORGANIZATIONS HAVE
 REPEATEDLY IDENTIFIED NEW YORK STATE  AND  ITS  CITIZENS  AS  A  PRIMARY
 TARGET  FOR  TERRORIST  ACTIVITIES  AND  ATTACKS,  AND UNDER THE STATE'S
 CONSTITUTIONAL POWERS TO PROVIDE FOR THE PUBLIC HEALTH, SAFETY, SECURITY
 AND PUBLIC PROTECTION OF ITS CITIZENS AND THEIR PROPERTY, AND UNDER  THE
 STATE'S  CONSTITUTIONAL  POWERS  TO PROVIDE FOR THE PROTECTION AND REGU-
 LATION OF ITS FINANCIAL, BANKING AND INSURANCE SECTORS,  AND  UNDER  THE
 STATE'S  CONSTITUTIONAL  POWERS  TO PROVIDE FOR THE PROTECTION AND REGU-
 LATION OF ITS ENVIRONMENT AND NATURAL RESOURCES, NEW YORK STATE HAS  THE
 LEGAL  AUTHORITY  TO  PREVENT INVESTMENT IN, INCLUDING PROHIBITING ENTRY
 INTO OR RENEWING CONTRACTS WITH, COMPANIES OPERATING  IN  IRAN'S  ENERGY
 AND  FINANCIAL SECTORS WITH INVESTMENTS THAT HAVE THE RESULT OF DIRECTLY
 OR INDIRECTLY SUPPORTING THE  EFFORTS  OF  THE  GOVERNMENT  OF  IRAN  TO
 ACHIEVE  NUCLEAR  WEAPONS  CAPABILITY OR TO OTHERWISE PROMOTE OR ADVANCE
 TERRORIST ACTIVITIES THAT WILL TARGET OR  AFFECT  NEW  YORK  STATE,  ITS
 CITIZENS OR THEIR PROPERTY;
   (C) THAT THE SERIOUS AND URGENT NATURE OF THE THREAT FROM IRAN DEMANDS
 THAT  STATES,  LOCAL GOVERNMENTS, AND PRIVATE INSTITUTIONS WORK TOGETHER
 WITH THE FEDERAL GOVERNMENT AND AMERICAN ALLIES TO DO EVERYTHING  POSSI-
 BLE  DIPLOMATICALLY,  POLITICALLY, AND ECONOMICALLY TO PREVENT IRAN FROM
 ACQUIRING A NUCLEAR  WEAPONS  CAPABILITY  OR  TO  OTHERWISE  PROMOTE  OR
 ADVANCE  TERRORIST ACTIVITIES THAT WILL TARGET OR AFFECT NEW YORK STATE,
 ITS CITIZENS OR THEIR PROPERTY;
   (D) THAT IRAN HAS REPEATEDLY DEMONSTRATED AN INTENT TO PURSUE AND  USE
 NUCLEAR  WEAPONS, WEAPONS OF MASS DESTRUCTION, AND TO PROMOTE OR ADVANCE
 TERRORIST ACTIVITIES ACROSS THE WORLD;

 S. 4107                             5
 
   (E) THAT RESPECT FOR HUMAN RIGHTS IN IRAN HAS STEADILY DETERIORATED AS
 DEMONSTRATED  BY  TRANSPARENTLY  FRAUDULENT  ELECTIONS  AND  THE  BRUTAL
 REPRESSION  AND  MURDER,  ARBITRARY ARRESTS, AND SHOW TRIALS OF PEACEFUL
 DISSIDENTS;
   (F)  THAT  THE  CONCERNS  OF  THE STATE OF NEW YORK REGARDING IRAN ARE
 STRICTLY THE RESULT OF THE ACTIONS OF THE GOVERNMENT OF IRAN AND  SHOULD
 NOT BE CONSTRUED AS ENMITY TOWARDS THE IRANIAN PEOPLE;
   (G)  THAT IN ORDER TO EFFECTIVELY ADDRESS THE NEED FOR THE GOVERNMENTS
 OF THIS STATE TO RESPOND TO THE POLICIES OF IRAN IN A  UNIFORM  FASHION,
 PROHIBITING  CONTRACTS  WITH PERSONS ENGAGED IN INVESTMENT ACTIVITIES IN
 THE ENERGY AND FINANCIAL SECTORS OF  IRAN  MUST  BE  ACCOMPLISHED  ON  A
 STATEWIDE BASIS;
   (H)  THAT  TERRORISTS HAVE CONTINUED TO USE IRAN AS THEIR SAFE HARBOR,
 THAT THE IRANIAN GOVERNMENT HAS FAILED TO ADDRESS THE SPREAD OF  TERROR-
 IST  ACTIVITIES,  AND  THAT HUMAN RIGHTS VIOLATIONS ARE IN IRAN ARE, AND
 CONTINUE TO BE RAMPANT; AND
   (I) THAT THE SERIOUS AND URGENT NATURE OF THE  CONTINUED  THREAT  FROM
 IRAN,  FOR  THE  STATE  OF  NEW  YORK,  ITS CITIZENS AND THEIR PROPERTY,
 DEMANDS THAT OUR STATE, LOCAL GOVERNMENTS AND PRIVATE INSTITUTIONS  WORK
 TOGETHER  TO  CONTINUE  TO  DO ALL WITHIN ITS LEGAL POWER TO ENSURE THAT
 IRAN DOES NOT HAVE THE RESOURCES TO ACQUIRE NUCLEAR  WEAPONS  CAPABILITY
 AND THAT IT CEASE ITS PROMOTION AND ADVANCEMENT OF TERRORIST ACTIVITIES.
   § 7. Subsection 5 of section 1415 of the insurance law is REPEALED.
   §  8.  This act shall take effect immediately, and shall not be deemed
 repealed as the result of any executive action taken by the president of
 the United States, or the department of state, unless such action  is  a
 duly executed treaty approved by two-thirds of the United States Senate,
 and  provided  further that the addition, amendment and/or repeal of any
 rule or regulation necessary for  the  implementation  of  this  act  is
 authorized to be made on and after such effective date.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S4107

Sponsored By

Archive: Last Bill Status - Stricken

2019-S4107 (ACTIVE) - Details

2019-S4107 (ACTIVE) - Summary

2019-S4107 (ACTIVE) - Sponsor Memo

2019-S4107 (ACTIVE) - Bill Text download pdf

Comments

Senate Bill S4107

Share this bill

Sponsored By

Robert G. Ortt

Archive: Last Bill Status - Stricken

2019-S4107 (ACTIVE) - Details

2019-S4107 (ACTIVE) - Summary

2019-S4107 (ACTIVE) - Sponsor Memo

2019-S4107 (ACTIVE) - Bill Text download pdf

Comments