A10155 Summary:

BILL NOA10155A
 
SAME ASSAME AS S07988
 
SPONSORRyan
 
COSPNSR
 
MLTSPNSR
 
Amd §76, Work Comp L
 
Relates to providing a commission schedule to pay licensed insurance brokers for services provided to their clients who obtain coverage through the state insurance fund.
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A10155 Actions:

BILL NOA10155A
 
03/20/2018referred to labor
04/12/2018amend (t) and recommit to labor
04/12/2018print number 10155a
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A10155 Committee Votes:

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A10155 Floor Votes:

There are no votes for this bill in this legislative session.
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A10155 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                        10155--A
 
                   IN ASSEMBLY
 
                                     March 20, 2018
                                       ___________
 
        Introduced  by  M. of A. RYAN -- read once and referred to the Committee
          on Labor -- committee discharged, bill amended, ordered  reprinted  as
          amended and recommitted to said committee
 
        AN  ACT to amend the workers' compensation law, in relation to directing
          the state insurance fund to compensate  licensed  insurance  producers
          for  the  services provided to clients who obtain coverage through the
          fund
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision  5 of section 76 of the workers' compensation
     2  law is renumbered subdivision 6 and a new subdivision 5 is added to read
     3  as follows:
     4    5. The purposes of  such  state  insurance  fund  are  hereby  further
     5  enlarged  to  permit it to compensate licensed insurance brokers for the
     6  services they provide their clients who are insured in the fund  through
     7  the  payment  of  commissions.  The commissioners of the state insurance
     8  fund are hereby authorized and directed to establish, within the  exist-
     9  ing  rate structure, a factor to compensate licensed insurance producers
    10  for the services provided to their clients who obtain  coverage  through
    11  the fund.
    12    § 2. This act shall take effect immediately.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15162-02-8
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