S06463 Summary:
BILL NO | S06463 |
  | |
SAME AS | SAME AS A09313 |
  | |
SPONSOR | LIBOUS |
  | |
COSPNSR | AVELLA |
  | |
MLTSPNSR | |
  | |
Amd S2131, Ins L | |
  | |
Requires wireless communications equipment vendors offering insurance on such equipment to disclose whether they pay a commission to the wireless communications equipment retailer. |
S06463 Actions:
BILL NO | S06463 | |||||||||||||||||||||||||||||||||||||||||||||||||
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02/13/2012 | REFERRED TO INSURANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
04/25/2012 | 1ST REPORT CAL.567 | |||||||||||||||||||||||||||||||||||||||||||||||||
04/26/2012 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
04/30/2012 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
05/30/2012 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
05/30/2012 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
05/30/2012 | referred to insurance | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2012 | substituted for a9313 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2012 | ordered to third reading cal.655 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2012 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2012 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
12/05/2012 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
12/17/2012 | VETOED MEMO.187 |
S06463 Floor Votes:
Yes
Abbate
Yes
Ceretto
Yes
Glick
Yes
Lentol
No
Murray
Yes
Ryan
Yes
Abinanti
Yes
Clark
Yes
Goldfeder
Yes
Lifton
Yes
Nolan
Yes
Saladino
Yes
Amedore
Yes
Colton
No
Goodell
Yes
Linares
Yes
Oaks
Yes
Sayward
Yes
Arroyo
ER
Conte
Yes
Gottfried
No
Lopez PD
Yes
O'Donnell
Yes
Scarborough
Yes
Aubry
Yes
Cook
Yes
Graf
Yes
Lopez VJ
Yes
Ortiz
Yes
Schimel
Yes
Barclay
Yes
Corwin
Yes
Gunther
Yes
Losquadro
No
Palmesano
Yes
Schimminger
Yes
Barrett
Yes
Crespo
No
Hanna
Yes
Lupardo
Yes
Paulin
Yes
Simanowitz
Yes
Barron
Yes
Crouch
Yes
Hawley
Yes
Magee
Yes
Peoples Stokes
Yes
Simotas
Yes
Benedetto
Yes
Curran
Yes
Heastie
Yes
Magnarelli
Yes
Perry
Yes
Skartados
No
Blankenbush
Yes
Cusick
Yes
Hevesi
Yes
Maisel
Yes
Pretlow
No
Smardz
ER
Boyland
Yes
Cymbrowitz
Yes
Hikind
No
Malliotakis
Yes
Quart
Yes
Stevenson
Yes
Boyle
Yes
DenDekker
Yes
Hooper
Yes
Markey
Yes
Ra
Yes
Sweeney
Yes
Braunstein
Yes
Dinowitz
Yes
Jacobs
Yes
Mayer
Yes
Rabbitt
Yes
Tedisco
Yes
Brennan
Yes
Duprey
Yes
Jaffee
Yes
McDonough
Yes
Raia
No
Tenney
Yes
Brindisi
Yes
Englebright
ER
Jeffries
Yes
McEneny
Yes
Ramos
Yes
Thiele
Yes
Bronson
Yes
Espinal
No
Johns
Yes
McKevitt
Yes
Reilich
Yes
Titone
Yes
Brook Krasny
Yes
Farrell
ER
Jordan
No
McLaughlin
Yes
Reilly
Yes
Titus
Yes
Burling
Yes
Finch
ER
Katz
ER
Meng
Yes
Rivera J
Yes
Tobacco
Yes
Butler
No
Fitzpatrick
Yes
Kavanagh
No
Miller D
Yes
Rivera N
No
Walter
Yes
Cahill
No
Friend
Yes
Kearns
Yes
Miller JM
Yes
Rivera PM
Yes
Weinstein
Yes
Calhoun
Yes
Gabryszak
Yes
Kellner
Yes
Miller MG
Yes
Roberts
Yes
Weisenberg
Yes
Camara
Yes
Galef
Yes
Kolb
Yes
Millman
Yes
Robinson
Yes
Weprin
Yes
Canestrari
Yes
Gantt
ER
Lancman
Yes
Montesano
Yes
Rodriguez
Yes
Wright
Yes
Castelli
Yes
Gibson
No
Latimer
Yes
Morelle
Yes
Rosenthal
Yes
Zebrowski
ER
Castro
Yes
Giglio
Yes
Lavine
Yes
Moya
Yes
Russell
Yes
Mr. Speaker
‡ Indicates voting via videoconference
S06463 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 6463 IN SENATE February 13, 2012 ___________ Introduced by Sen. LIBOUS -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to disclosures by limited licensees which are wireless communications equipment vendors The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (E) of paragraph 2 of subsection (e) of 2 section 2131 of the insurance law, as amended by chapter 368 of the laws 3 of 2010, is amended to read as follows: 4 (E) the price, deductible, benefits, exclusions and conditions or 5 other limitations of such policies, and, with regard to wireless commu- 6 nications equipment policies, disclose, when a commission is paid to a 7 retail representative, provided that a commission is to be so paid, and 8 notwithstanding any other provision of law, rule or regulation to the 9 contrary regarding producer compensation, the disclosures required by 10 this subparagraph shall be deemed to be in full compliance with any such 11 law, rule or regulation; 12 § 2. Section 2131 of the insurance law is amended by adding two new 13 subsections (m) and (n) to read as follows: 14 (m) For purposes of this section, with respect to insurance offered 15 and provided to wireless communications equipment vendors, "commission" 16 shall mean the provision by a wireless communications equipment vendor 17 to a retail representative of monetary remuneration, which is solely 18 contingent upon a consumer's decision to enroll in a wireless communi- 19 cation equipment vendor insurance policy. 20 (n) Except as otherwise provided for in this section, the provisions 21 of part thirty of title eleven of New York state codes, rules and regu- 22 lations, and any other law, rule or regulation regarding disclosure of 23 producer compensation shall not apply to wireless communications equip- 24 ment policies. 25 § 3. This act shall take effect on the thirtieth day after it shall 26 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14507-01-2