NY State Senate Bill 2021-S2052

Senate Bill S2052

2021-2022 Legislative Session

Requires travel insurance companies to provide refunds for travel cancelled due to coronavirus disease 2019 (COVID-19)

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Archive: Last Bill Status - In Senate Committee Consumer Protection 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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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 05, 2022	referred to consumer protection
Jan 19, 2021	referred to consumer protection

co-Sponsors

2021-S2052 (ACTIVE) - Details

Current Committee:: Senate Consumer Protection
Law Section:: General Business Law
Laws Affected:: Add §157-b, Gen Bus L
Versions Introduced in 2019-2020 Legislative Session:: S8124

2021-S2052 (ACTIVE) - Summary

Requires travel insurance companies to provide refunds for travel cancelled due to coronavirus disease 2019 (COVID-19).

2021-S2052 (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S2052

SPONSOR: SANDERS
 
TITLE OF BILL:

An act to amend the general business law, in relation to travel insur-
ance companies providing refunds for travel cancelled due to coronavirus
disease 2019 (COVID-19); and providing for the repeal of such provisions
upon the expiration thereof

 
PURPOSE OR GENERAL IDEA OF BILL:

This bill would require travel insurance companies to provide refunds
for travel cancelled due to coronavirus disease 2019 (COVID-19).

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1 states that all travel insurance refund, without any penalty
in the form of of any contractual cancellation period, to York who
cancels travel due to coronavirus companies shall provide a full
deduction of fees and regardless any resident of the state of New

disease 2019 (COVID19).

Section 2 sets the effective date.

 
JUSTIFICATION:

The federal government and New York State have declared emergencies over
the coronavirus (COVID-19) pandemic. This bill would require travel
insurance companies to provide refunds for travel cancelled due to the
coronavirus disease 2019 (COVID-19).

 
PRIOR LEGISLATIVE HISTORY:

New bill

 
FISCAL IMPLICATIONS:

None

 
EFFECTIVE DATE:
This act shall take effect immediately provided that the provisions of
this act shall expire and be deemed repealed upon the expiration of the
declared state of emergency relating to the novel coronavirus (COVID19);
and provided, further, that the superintendent of financial services
shall notify the legislative bill drafting commission upon occurrence of
the expiration of the state disaster emergency declared by executive
order number 202 and any further amendments or modifications, and as may
be further extended pursuant to section 28 of the executive law, in
order that the commission may maintain an accurate and timely effective
data base of the official text of the laws of the state of New York in
furtherance of effectuating the provisions of section 44 of the legisla-
tive law and section 70-b of the public officers law.

2021-S2052 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2052
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 19, 2021
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Consumer Protection
 
 AN ACT to amend the general business law, in relation to  travel  insur-
   ance companies providing refunds for travel cancelled due to coronavi-
   rus  disease  2019  (COVID-19);  and  providing for the repeal of such
   provisions upon the expiration thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The general business law is amended by adding a new section
 157-b to read as follows:
   §  157-B.  TRAVEL  INSURANCE  REFUNDS.  ALL TRAVEL INSURANCE COMPANIES
 SHALL PROVIDE A  FULL  REFUND,  WITHOUT  ANY  PENALTY  IN  THE  FORM  OF
 DEDUCTION OF FEES AND REGARDLESS OF ANY CONTRACTUAL CANCELLATION PERIOD,
 TO ANY RESIDENT OF THE STATE OF NEW YORK WHO CANCELS TRAVEL DUE TO CORO-
 NAVIRUS DISEASE 2019 (COVID-19).
   §  2.  This  act  shall  take  effect  immediately  provided  that the
 provisions of this act shall expire and  be  deemed  repealed  upon  the
 expiration  of  the  declared  state  of emergency relating to the novel
 coronavirus (COVID-19); and provided, further, that  the  superintendent
 of financial services shall notify the legislative bill drafting commis-
 sion  upon  occurrence of the expiration of the state disaster emergency
 declared by executive order number 202 and  any  further  amendments  or
 modifications,  and as may be further extended pursuant to section 28 of
 the executive law, in order that the commission may maintain an accurate
 and timely effective data base of the official text of the laws  of  the
 state  of  New  York  in  furtherance  of effectuating the provisions of
 section 44 of the legislative law and section 70-b of the  public  offi-
 cers law.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06218-01-1

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Senate Bill S2052

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Sponsored By

James Sanders Jr.