Authorizes certain policies issued by a risk retention group not chartered in this state and requires reporting by certain risk retention groups of other state's examinations, audits, or other investigations
Summary
Authorizes certain policies issued by a risk retention group not chartered in this state; requires reporting by certain risk retention groups of other state's examinations, audits, or other investigations and their findings; amends the effective date of a chapter of the laws of 2023 amending the insurance law and the vehicle and traffic law relating to owner's policies of liability insurance issued by a risk retention group not chartered within this state, as proposed in legislative bills numbers S.5959-B and A.5718-B, to March 1, 2024.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2024
Committee Review
Jan 2024
Senate Passage
Jan 2024
Assembly Passage
Jan 2024
Signed into Law
Jan 2024
Introduced Jan 5, 2024
Signed Jan 26, 2024
Floor votes · Senate Jan 9, 2024 · Assembly Jan 16, 2024
How they voted
61–1
Passed · 1 other
Total votes 63
Jan 9, 2024
D
Democratic42
97% Yea
R
Republican21
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
11
Key actions
3
Committee
2
Jan 26, 2024
Signed into law
SIGNED CHAP.14
upper
Jan 16, 2024
Lower · Passed
PASSED ASSEMBLY
lower
Jan 9, 2024
Committee
REFERRED TO INSURANCE
lower
Jan 9, 2024
Upper · Passed
PASSED SENATE
upper
Jan 5, 2024
Committee
REFERRED TO RULES
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lea Webb
DDemocratic/Working Families
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