Bill Texts: NY S02582 | 2011-2012 | General Assembly

Bill Title: Creates the natural disaster reinsurance fund financed through voluntary participation by insurers in the state to provide additional protection in the case of catastrophic events; exempts any amounts deposited into the fund from taxation by the state, county, municipality or local taxing authority; prohibits participating insurers from increasing any premiums based upon payments to such fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-26 - REFERRED TO INSURANCE [S02582 Detail]

Bill Drafts

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Introduced2011-05-26HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York S02582

Supplemental Documents

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No supplemental documents for New York S02582 currently on file.

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