Assembly Bill A4259

2025-2026 Legislative Session

Relates to the hiring of consultants

download bill text pdf

Sponsored By

Current 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

Do you support this bill?

Please enter your contact information

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

2025-A4259 (ACTIVE) - Details

See Senate Version of this Bill:
S5321
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Add §303, Ins L
Versions Introduced in 2023-2024 Legislative Session:
A10308, S9354

2025-A4259 (ACTIVE) - Summary

Authorizes the superintendent of financial services to hire a consultant to assist with reviewing any rate or form filing submitted to the superintendent.

2025-A4259 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4259
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 31, 2025
                                ___________
 
 Introduced by M. of A. WEPRIN -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law, in relation to the hiring of consult-
   ants
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The insurance law is amended by adding a new section 303 to
 read as follows:
   § 303. HIRING OF CONSULTANTS.    THE  SUPERINTENDENT  MAY  ENGAGE  THE
 SERVICES OF A CONSULTANT THAT OR WHOM THE SUPERINTENDENT DEEMS NECESSARY
 TO  ASSIST  THE  SUPERINTENDENT,  INCLUDING ASSISTING WITH REVIEWING ANY
 RATE OR FORM FILING SUBMITTED TO  THE  SUPERINTENDENT.  THE  PERSON  WHO
 SUBMITTED  THE  FILING  TO THE SUPERINTENDENT OR THE PERSON FOR WHOM THE
 SERVICES WERE PERFORMED, OTHER THAN THE SUPERINTENDENT,  SHALL  PAY  THE
 COST OF SUCH SERVICES DIRECTLY TO THE CONSULTANT ENGAGED.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07823-01-5

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.