NY A07488

Bill

Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.

Introduced
05/11/2021

In Committee
03/24/2022

Crossed Over
03/24/2022

Passed

Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AI Summary

This bill prohibits insurers from excluding coverage for losses or damages caused by exposure to lead-based paint in policies providing liability coverage to rental property owners. The bill requires the department to not permit, authorize, or approve any such exclusions, except as specifically provided by law, and mandates that all previously approved exclusions terminate within 26 months of the bill's effective date.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (25)

Jonathan Rivera (D)*, Sarah Clark (D), Catalina Cruz (D), Manny De Los Santos (D), Jeffrey Dinowitz (D), Patricia Fahy (D), Sandy Galef (D), Richard Gottfried (D), Andrew Hevesi (D), Pamela Hunter (D), Chantel Jackson (D), Charles Lavine (D), Zohran Mamdani (D), Karen McMahon (D), Demond Meeks (D), Crystal Peoples-Stokes (D), José Rivera (D), Robert Rodriguez (D), Linda Rosenthal (D), Nader Sayegh (D), Rebecca Seawright (D), Jo Anne Simon (D), Michaelle Solages (D), Al Taylor (D), Stefani Zinerman (D),

Last Action

REFERRED TO INSURANCE (on 03/24/2022)

Official Document

https://www.nysenate.gov/legislation/bills/2021/A7488

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2021/A7488
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A07488&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07488A
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A07488&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07488

Bill	Bill Name	Last Action	Type
A06062	Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.	REFERRED TO RULES	Reintroduced
S03079	Relates to prohibiting the exclusion of coverage for losses or damages caused by exposure to lead-based paint; provides that no insurer licensed or permitted by the superintendent to provide liability coverage to rental property owners shall exclude coverage for losses or damages caused by exposure to lead-based paint.	PRINT NUMBER 3079A	Same As

Bill > A07488

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (25)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary