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A00603 Summary:

BILL NO	A00603
SAME AS	SAME AS S02627
SPONSOR	Rosenthal D
COSPNSR	Stirpe, Steck, Seawright, Rosenthal L, Jacobson, Durso
MLTSPNSR	Braunstein, DeStefano
Rpld 3403, Ins L
Repeals provisions relating to mandatory anti-arson applications for insurance coverage to insure any building against the peril of fire or explosion.

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A00603 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           603
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 6, 2021
                                       ___________
 
        Introduced by M. of A. D. ROSENTHAL, STIRPE, STECK, SEAWRIGHT, L. ROSEN-
          THAL  --  Multi-Sponsored by -- M. of A. BRAUNSTEIN, DeSTEFANO -- read
          once and referred 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 Section 3403 of the insurance law is REPEALED.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.
                                                                   LBD04962-01-1

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