S 9632 New York Senate · 2023 Regular Session

Enacts the "limited equity cooperative insurance captive authorization and county cap act"

Summary
Enacts the "limited equity cooperative insurance captive authorization and county cap act" to enable limited equity cooperatives in the state of New York to establish insurance captives to enhance their ability to manage risks, improve insurance coverage, and promote financial stability.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 16, 2024 Last action May 16, 2024
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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
May 16, 2024
Senate · Referred to committee
REFERRED TO INSURANCE
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Robert Jackson
Robert Jackson
DDemocratic/Working Families
NY
31