STATE OF NEW YORK
________________________________________________________________________
8995
IN SENATE
June 12, 2018
___________
Introduced by Sen. SEWARD -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend chapter 589 of the laws of 2015, amending the insurance
law relating to catastrophic or reinsurance coverage issued to certain
small groups, in relation to the effectiveness thereof; and to amend
chapter 588 of the laws of 2015, amending the insurance law relating
to catastrophic or reinsurance coverage issued to certain small
groups, in relation to the effectiveness thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 5 of chapter 589 of the laws of 2015, amending the
2 insurance law relating to catastrophic or reinsurance coverage issued to
3 certain small groups, as amended by chapter 370 of the laws of 2017, is
4 amended to read as follows:
5 § 5. This act shall take effect on the same date and in the same
6 manner as a chapter of the laws of 2015 amending the insurance law
7 relating to catastrophic or reinsurance coverage issued to certain small
8 groups, as proposed in legislative bills numbers S.5928-A and A.8134-A,
9 takes effect and shall be deemed repealed [four] nine years thereafter.
10 § 2. Section 5 of chapter 588 of the laws of 2015, amending the insur-
11 ance law relating to catastrophic or reinsurance coverage issued to
12 certain small groups, as amended by chapter 370 of the laws of 2017, is
13 amended to read as follows:
14 § 5. This act shall take effect immediately; and shall be deemed
15 repealed [4] 9 years after it shall have become a law.
16 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16034-01-8
