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Bill > A00908


NY A00908

NY A00908
Repeals provisions relating to the prohibited advertisement of the corporation in sale of insurance.


summary

Introduced
01/08/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to repeal section 7718 of the insurance law, relating to the prohibited advertisement of the corporation in sale of insurance

AI Summary

This bill repeals Section 7718 of the New York Insurance Law, which previously contained provisions related to prohibited advertising by insurance corporations. While the specific details of the original section are not provided in the bill text, the repeal means that the existing legal restrictions on how insurance corporations can advertise will be completely removed. The bill is straightforward in its approach, with Section 1 directly eliminating the referenced section of law, and Section 2 specifying that the act will take effect immediately upon passage. By repealing this section, the legislature appears to be removing a specific regulatory constraint on insurance corporations' marketing practices, though without additional context, the precise implications of this change are not clear from the bill text alone.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

referred to insurance (on 01/07/2026)

bill text


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