A 4259 New York Assembly · 2025 Regular Session

Relates to the hiring of consultants

Summary

Authorizes the superintendent of financial services to hire an actuary to assist with reviewing any rate or form filing submitted to the superintendent.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 31, 2025 Last action Jan 7, 2026

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What changed between versions

A4259 → A4259A · 3 edits

MINOR

The bill was amended to change the title and subject matter from hiring consultants to hiring actuaries. It also added a sunset clause, meaning the law will automatically expire on January 1, 2029, unless renewed.

Scope change

The bill's scope was narrowed and renamed to specifically address actuaries rather than general consultants, and it now includes a specific expiration date.

SCOPE

The bill title and section heading were changed from 'Hiring of consultants' to 'Hiring of actuaries' to reflect a more specific focus.

The text within the section was updated to refer to 'actuaries' instead of 'consultants' throughout the document.

TIMELINE

A new provision was added stating that the act takes effect immediately but expires on January 1, 2029, after which its provisions are repealed.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 7, 2026

Committee

REFERRED TO INSURANCE

lower

Jun 3, 2025

Lower · Passed

PRINT NUMBER 4259A

lower

Jun 3, 2025

Lower · Passed

AMEND (T) AND RECOMMIT TO INSURANCE

lower

Jan 31, 2025

Committee

REFERRED TO INSURANCE

lower

1 primary · 2 co-sponsors