Senate Bill S7927

2019-2020 Legislative Session

Makes provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups permanent

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Insurance Committee


  • 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

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2019-S7927 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance
Laws Affected:
Amd §5, Chap 589 of 2015; amd §5, Chap 588 of 2015
Versions Introduced in Other Legislative Sessions:
2021-2022: S5581
2023-2024: S3613

2019-S7927 (ACTIVE) - Summary

Makes provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups permanent.

2019-S7927 (ACTIVE) - Sponsor Memo

2019-S7927 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7927
 
                             I N  S E N A T E
 
                               March 3, 2020
                                ___________
 
 Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Insurance
 
 AN ACT to amend chapter 589 of the laws of 2015, amending the  insurance
   law relating to catastrophic or reinsurance coverage issued to certain
   small  groups, in relation to making such provisions permanent; and to
   amend chapter 588 of the laws of  2015,  amending  the  insurance  law
   relating  to  catastrophic  or  reinsurance coverage issued to certain
   small groups, in relation to making such provisions permanent
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 5 of chapter 589 of the laws of 2015, amending the
 insurance law relating to catastrophic or reinsurance coverage issued to
 certain small groups, as amended by chapter 202 of the laws of 2019,  is
 amended to read as follows:
   §  5.  This  act  shall  take  effect on the same date and in the same
 manner as a chapter of the laws  of  2015  amending  the  insurance  law
 relating to catastrophic or reinsurance coverage issued to certain small
 groups,  as proposed in legislative bills numbers S.5928-A and A.8134-A,
 takes effect [and shall be deemed repealed six years thereafter].
   § 2. Section 5 of chapter 588 of the laws of 2015, amending the insur-
 ance law relating to catastrophic  or  reinsurance  coverage  issued  to
 certain  small groups, as amended by chapter 202 of the laws of 2019, is
 amended to read as follows:
   § 5. This act shall take effect  immediately[;  and  shall  be  deemed
 repealed 6 years after it shall have become a law].
   § 3. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15658-01-0



              

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