Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 28, 2011 |
signed chap.102 |
Jun 27, 2011 |
delivered to governor |
Jun 01, 2011 |
returned to senate passed assembly ordered to third reading cal.484 substituted for a7430 |
Jun 01, 2011 |
substituted by s4426 |
May 26, 2011 |
advanced to third reading cal.484 |
May 24, 2011 |
reported |
May 04, 2011 |
referred to insurance |
Assembly Bill A7430
Signed By Governor2011-2012 Legislative Session
Sponsored By
MORELLE
Archive: Last Bill Status Via S4426 - Signed by Governor
- 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
Votes
co-Sponsors
David Weprin
2011-A7430 (ACTIVE) - Details
- See Senate Version of this Bill:
- S4426
- Law Section:
- Insurance Law
- Laws Affected:
- Amd ยงยง5412, 2328, 2329, 3425, 2305, 2342 & 2344, Ins L
2011-A7430 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7430 2011-2012 Regular Sessions I N A S S E M B L Y May 4, 2011 ___________ Introduced by M. of A. MORELLE -- read once and referred to the Commit- tee on Insurance AN ACT to amend the insurance law, in relation to extending the effec- tiveness of certain provisions relating to automobile and property/casualty insurance rates THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (g) of section 5412 of the insurance law, as amended by chapter 136 of the laws of 2008, is amended to read as follows: (g) The provisions of this section shall cease to be of any force or effect on or after June thirtieth, two thousand [eleven] FOURTEEN, except that policies issued or other obligations incurred by the associ- ation shall not be impaired by the expiration of this section and the association shall continue for the purpose of servicing such policies and performing such obligations. S 2. Sections 2328 and 2329 of the insurance law, as amended by chap- ter 136 of the laws of 2008, are amended to read as follows: S 2328. Certain motor vehicle insurance rates; prior approval. For the periods February first, nineteen hundred seventy-four through August second, two thousand one, and the effective date of the property/casualty insurance availability act through June thirtieth, two thousand [eleven] FOURTEEN, no changes in rates, rating plans, rating rules and rate manuals applicable to motor vehicle insurance, including no-fault coverages under article fifty-one of this chapter, shall be made effective until approved by the superintendent, notwithstanding any inconsistent provisions of this article; provided, however, that changes in such rates, rating plans, rating rules and rate manuals may be made effective without such approval if the rates which result from such changes are no higher than the insurer's rates last approved by the superintendent. This section shall apply only to policies covering loss- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10606-01-1
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.