New York State Assembly

Bill No.:  

 
•  Summary 
 
•  Actions 
 
•  Committee Votes 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 
 
•  LFIN 
 
•  Chamber Video/Transcript 

---

A10308 Summary:

BILL NO	A10308
SAME AS	SAME AS S09354
SPONSOR	Rules (Weprin)
COSPNSR
MLTSPNSR
Add §303, Ins L
Authorizes the superintendent of financial services to hire a consultant to assist with reviewing any rate or form filing submitted to the superintendent.

Go to top    

---

A10308 Actions:

BILL NO	A10308
05/17/2024	referred to insurance

Go to top

---

A10308 Committee Votes:

Go to top

---

A10308 Floor Votes:

Go to top

---

A10308 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10308
 
                   IN ASSEMBLY
 
                                      May 17, 2024
                                       ___________
 
        Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Weprin) --
          read once and referred to the Committee on Insurance
 
        AN ACT to amend the insurance law, in relation to the hiring of consult-
          ants
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. The insurance law is amended by adding a new section 303 to
     2  read as follows:
     3    §  303.  Hiring  of  consultants.    The superintendent may engage the
     4  services of a consultant that or whom the superintendent deems necessary
     5  to assist the superintendent, including  assisting  with  reviewing  any
     6  rate  or  form  filing  submitted  to the superintendent. The person who
     7  submitted the filing to the superintendent or the person  for  whom  the
     8  services  were  performed,  other than the superintendent, shall pay the
     9  cost of such services directly to the consultant engaged.
    10    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15569-01-4

Go to top