S 8481 New York Senate · 2023 Regular Session

Prohibits increases in rates of homeowners' insurance in excess of twenty-five percent per year

Summary
Prohibits increases in rates of homeowners' insurance in excess of twenty-five percent per year except where agreed to in the policy.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2024 Last action Feb 5, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Feb 5, 2024
Committee
REFERRED TO INSURANCE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
IC
Iwen Chu
DDemocratic/Working Families
NY
17