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S04157 Summary:

BILL NO	S04157
SAME AS	SAME AS A00112
SPONSOR	SANDERS
COSPNSR	ADDABBO, CLEARE, COMRIE, FERNANDEZ, HELMING, HINCHEY, HOYLMAN-SIGAL, JACKSON, SKOUFIS
MLTSPNSR
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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S04157 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4157
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 3, 2025
                                       ___________
 
        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 Section 3403 of the insurance law is REPEALED.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.
                                                                   LBD00821-01-5

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