STATE OF NEW YORK
________________________________________________________________________
4947
2019-2020 Regular Sessions
IN ASSEMBLY
February 5, 2019
___________
Introduced by M. of A. COOK -- read once and referred to the Committee
on Insurance
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 a chapter of the laws of 2018 amend-
4 ing chapter 589 of the laws of 2015 relating to catastrophic or reinsur-
5 ance coverage issued to certain small groups, as proposed in legislative
6 bills numbers S. 8995 and A. 11014, is amended to read as follows:
7 § 5. This act shall take effect on the same date and in the same
8 manner as a chapter of the laws of 2015 amending the insurance law
9 relating to catastrophic or reinsurance coverage issued to certain small
10 groups, as proposed in legislative bills numbers S.5928-A and A.8134-A,
11 takes effect and shall be deemed repealed [nine] six years thereafter.
12 § 2. Section 5 of chapter 588 of the laws of 2015, amending the insur-
13 ance law relating to catastrophic or reinsurance coverage issued to
14 certain small groups, as amended by a chapter of the laws of 2018 amend-
15 ing chapter 589 of the laws of 2015 relating to catastrophic or reinsur-
16 ance coverage issued to certain small groups, as proposed in legislative
17 bills numbers S. 8995 and A. 11014, is amended to read as follows:
18 § 5. This act shall take effect immediately; and shall be deemed
19 repealed [9] 6 years after it shall have become a law.
20 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07032-01-9