S06122 Summary:
BILL NO | S06122A |
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SAME AS | SAME AS A06652-B |
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SPONSOR | BAILEY |
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COSPNSR | ADDABBO, COONEY, FERNANDEZ, HELMING, SKOUFIS |
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MLTSPNSR | |
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Amd §2132, Ins L | |
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Permits licensed insurance agents, brokers, adjusters, consultants, and intermediaries to carryover up to five hours of continuing education credit per biennial licensing period. |
S06122 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 6122--A Cal. No. 924 2025-2026 Regular Sessions IN SENATE March 5, 2025 ___________ Introduced by Sens. BAILEY, ADDABBO, COONEY, FERNANDEZ, HELMING, SKOUFIS -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the insurance law, in relation to permitting licensed insurance agents, brokers, adjusters, consultants, and intermediaries to carryover up to five hours of continuing education credit per bien- nial licensing period The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 3 of subsection (c) of section 2132 of the insur- 2 ance law, as added by chapter 656 of the laws of 1992, is amended to 3 read as follows: 4 (3) [Excess credit hours accumulated during any biennial licensing5period shall not carry forward to the next biennial licensing period for6that same class of license.] Up to five excess credit hours accumulated 7 during any biennial licensing period may be carried forward to the next 8 biennial licensing period for that same class of license. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10663-02-5