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A10218 Summary:

BILL NOA10218A
 
SAME ASSAME AS S09367-A
 
SPONSORWoerner
 
COSPNSRMcDonald
 
MLTSPNSR
 
Amd §5, Chap 589 of 2015; amd §5, Chap 588 of 2015
 
Makes permanent certain provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups.
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A10218 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                        10218--A
 
                   IN ASSEMBLY
 
                                    February 12, 2026
                                       ___________
 
        Introduced  by  M.  of A. WOERNER, McDONALD -- read once and referred to
          the Committee on Insurance  --  committee  discharged,  bill  amended,
          ordered reprinted as amended and recommitted to said committee
 
        AN  ACT to amend chapter 589 of the laws of 2015, amending the insurance
          law relating to catastrophic or reinsurance coverage issued to certain
          small groups, in relation to the effectiveness thereof; and  to  amend
          chapter  588  of the laws of 2015, amending the insurance law relating
          to catastrophic  or  reinsurance  coverage  issued  to  certain  small
          groups, in relation to the effectiveness thereof
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 5 of chapter 589 of the laws of 2015, amending  the
     2  insurance law relating to catastrophic or reinsurance coverage issued to
     3  certain  small groups, as amended by chapter 576 of the laws of 2023, is
     4  amended to read as follows:
     5    § 5. This act shall take effect on the  same  date  and  in  the  same
     6  manner  as  chapter  588  of the laws of 2015, takes effect and shall be
     7  deemed repealed [thirteen] sixteen years thereafter.
     8    § 2. Section 5 of chapter 588 of the laws of 2015, amending the insur-
     9  ance law relating to catastrophic  or  reinsurance  coverage  issued  to
    10  certain  small groups, as amended by chapter 576 of the laws of 2023, is
    11  amended to read as follows:
    12    § 5. This act shall take  effect  immediately;  and  shall  be  deemed
    13  repealed [thirteen] sixteen years after it shall have become a law.
    14    § 3. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14728-03-6
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