Authorizes the return of any operating reserve balances of members of a municipal insurance reciprocal
Summary
Authorizes the return of any operating reserve balances of members of a municipal insurance reciprocal upon the municipal reciprocal insurer's demonstration that it will retain sufficient surplus to support its obligations and writings.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2022
Committee Review
Jan 2022
Senate Passage
Jan 2022
Assembly Passage
Feb 2022
Signed into Law
Mar 2022
Introduced Jan 7, 2022
Signed Mar 18, 2022
Floor votes · Senate Jan 11, 2022 · Assembly Feb 28, 2022
How they voted
61–0
Passed
Total votes 61
Jan 11, 2022
D
Democratic42
100% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
11
Key actions
3
Committee
2
Mar 18, 2022
Signed into law
SIGNED CHAP.148
upper
Feb 28, 2022
Lower · Passed
PASSED ASSEMBLY
lower
Jan 11, 2022
Committee
REFERRED TO INSURANCE
lower
Jan 11, 2022
Upper · Passed
PASSED SENATE
upper
Jan 7, 2022
Committee
REFERRED TO RULES
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
NB
Neil Breslin
DDemocratic/Working Families
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