Bill Text: NY S05126 | 2019-2020 | General Assembly | Introduced

New York Senate Bill 5126 (Prior Session Legislation)

Introduced

Bill Title: Repeals provisions relating to mandatory anti-arson applications for insurance coverage to insure any building against the peril of fire or explosion.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO INSURANCE [S05126 Detail]

Download: New_York-2019-S05126-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          5126
                               2019-2020 Regular Sessions
                    IN SENATE
                                     April 10, 2019
                                       ___________
        Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Insurance
        AN ACT to repeal certain provisions of the  insurance  law  relating  to
          anti-arson applications
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 3403 of the insurance law is REPEALED.
     2    § 2. The superintendent of financial services shall repeal  all  rules
     3  and  regulations  which  implement the provisions of section 3403 of the
     4  insurance law.
     5    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01078-01-9