Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to insurance |
Jun 11, 2021 |
referred to insurance |
Assembly Bill A8126
2021-2022 Legislative Session
Sponsored By
NIOU
Archive: Last Bill Status - In Assembly 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
Actions
2021-A8126 (ACTIVE) - Details
- Current Committee:
- Assembly Insurance
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §2802, Ins L; add §312, Fin Serv L; amd §94-a, Exec L; add §399-eee, Gen Bus L
2021-A8126 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8126 2021-2022 Regular Sessions I N A S S E M B L Y June 11, 2021 ___________ Introduced by M. of A. NIOU -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, the financial services law, the exec- utive law and the general business law, in relation to prohibiting using a consumer's credit score to determine such consumer's access, price, or premium for any insurance policy or other service such consumer is mandated by the state to purchase THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2802 of the insurance law is amended by adding a new subsection (i) to read as follows: (I) USE A CONSUMER'S CREDIT SCORE TO DETERMINE SUCH CONSUMER'S ACCESS, PRICE, OR PREMIUM FOR ANY INSURANCE POLICY MANDATED BY THE STATE. § 2. The financial services law is amended by adding a new section 312 to read as follows: § 312. STATE MANDATED INSURANCE AND SERVICES. THE SUPERINTENDENT SHALL PROMULGATE RULES AND REGULATIONS PROHIBITING THE USE OF A CONSUM- ER'S CREDIT SCORE TO DETERMINE SUCH CONSUMER'S ACCESS, PRICE, OR PREMIUM FOR ANY INSURANCE POLICY OR OTHER SERVICE SUCH CONSUMER IS MANDATED BY THE STATE TO PURCHASE. § 3. Subparagraphs 14 and 15 of paragraph (a) of subdivision 3 of section 94-a of the executive law, as added by section 21 of part A of chapter 62 of the laws of 2011, are amended and a new subparagraph 16 is added to read as follows: (14) cooperate with and assist consumers in class actions in proper cases; [and] (15) create an internet website or webpage pursuant to section three hundred ninety-c of the general business law[.]; AND (16) PROMULGATE RULES AND REGULATIONS PROHIBITING THE USE OF A CONSUM- ER'S CREDIT SCORE TO DETERMINE SUCH CONSUMER'S ACCESS, PRICE, OR PREMIUM EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10844-01-1
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