Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 20, 2015 |
tabled vetoed memo.245 |
Nov 10, 2015 |
delivered to governor |
Jun 17, 2015 |
returned to assembly passed senate substituted for s5911 |
Jun 17, 2015 |
substituted by a8099 ordered to third reading cal.1746 |
Jun 11, 2015 |
referred to rules |
Senate Bill S5911
Vetoed By Governor2015-2016 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status Via A8099 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
2015-S5911 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8099
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §2132, Ins L
2015-S5911 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5911 TITLE OF BILL: An act to amend the insurance law, in relation to satisfactory signatures on applications to provide certain courses PURPOSE: This legislation would allow for the submission of signatures electronically for continuing education courses by certain insurance professionals. SUMMARY OF PROVISIONS: The bill amends Insurance Law section 2132 (i) (3) by stipulating that a continuing education course provider under the insurance law may satisfy signature requirements through compliance with New York General Construction Law section 46, Signature. EXISTING LAW: Existing law requires continuing education course providers to submit all documents with original signatures. JUSTIFICATION: DFS currently requires continuing education course providers to submit all documents with original, or "wet", signatures. Modem technology with its extensive use of faxed documents, scanned documents and even electronic signatures has overtaken the anachronistic practice of obtaining original signatures in all cases. In fact, DFS's predecessor agency, the Department of Insurance, opined in a 2007 office of general counsel opinion (Opinion No 07-02-11) that an insurance producer may use a stamped signature on an application
2015-S5911 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5911 2015-2016 Regular Sessions I N S E N A T E June 11, 2015 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the insurance law, in relation to satisfactory signa- tures on applications to provide certain courses THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 3 of subsection (i) of section 2132 of the insur- ance law, as added by chapter 656 of the laws of 1992, is amended to read as follows: (3) The completed applications shall be returned in a timely manner, as specified by the superintendent, PROVIDED THAT ANY SIGNATURE REQUIRE- MENTS SHALL BE DEEMED SATISFIED IF THE SIGNATURES COMPLY WITH SECTION FORTY-SIX OF THE GENERAL CONSTRUCTION LAW, with a non-refundable filing fee of two hundred dollars per organization, fifty dollars per course, program and seminar, and fifty dollars per instructor. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11533-01-5
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