Bill Text: NY A05022 | 2017-2018 | General Assembly | Introduced

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Bill Title: Makes permanent certain provisions relating to pre-need funeral services.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2018-01-03 - referred to consumer affairs and protection [A05022 Detail]

Download: New_York-2017-A05022-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          5022
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    February 6, 2017
                                       ___________
        Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
          tee on Consumer Affairs and Protection
        AN  ACT  to  amend  chapter 557 of the laws of 2001 amending the general
          business law, the public health law and the insurance law relating  to
          clarifying  provisions  pertaining  to  pre-need  funeral services, 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 6 of chapter 557 of the laws of 2001 amending the
     2  general business law, the public health law and the insurance law relat-
     3  ing to clarifying provisions pertaining to pre-need funeral services, as
     4  amended by chapter 88 of the  laws  of  2012,  is  amended  to  read  as
     5  follows:
     6    §  6.  This act shall take effect 30 days after it shall have become a
     7  law [provided, however sections 3 and 4 of this  act  shall  expire,  be
     8  deemed  repealed and shall cease to be of any force or effect after June
     9  1, 2017, and provided that the department of  financial  services  shall
    10  conduct  a  study  of  funding  pre-arranged funeral services and goods,
    11  examining practices in a minimum of ten other states,  by  use  of  life
    12  insurance,  trust  depositing  or  any other funding mechanism in use or
    13  that would be appropriate. The results of such study shall be  delivered
    14  to the governor and legislature on or before April 15, 2015].
    15    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07924-01-7