A 8364 New York Assembly · 2025 Regular Session

Requires the superintendent of financial services to conduct a review of mandated benefits and their impact on insurance premiums and to conduct a cost analysis of legislation mandating new insurance benefits

Summary

Requires the superintendent of financial services to conduct a review of mandated benefits in effect as of December 31, 2025 and their impact on insurance premiums and to conduct a cost analysis of legislation mandating new insurance benefits to examine the impact on insurance premiums prior to the adoption of such legislation.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 13, 2025 Last action May 20, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A8364 → A8364A · 1 edit

MINOR

The bill was amended to extend the deadline for the Superintendent of Financial Services to review mandated insurance benefits from December 31, 2024, to December 31, 2025. This change ensures the review covers a more recent snapshot of state laws and aligns the effective date with the upcoming legislative session.

Scope change

The scope of the review date was expanded to include laws in effect as of December 31, 2025, rather than the previous 2024 date.

TIMELINE

The reference date for the mandated benefits review was changed from December 31, 2024, to December 31, 2025, delaying the baseline for the cost analysis by one year.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 20, 2026

Committee

REPORTED REFERRED TO WAYS AND MEANS

lower

May 7, 2026

Lower · Passed

PRINT NUMBER 8364A

lower

May 7, 2026

Lower · Passed

AMEND AND RECOMMIT TO INSURANCE

lower

Jan 7, 2026

Committee

REFERRED TO INSURANCE

lower

May 13, 2025

Committee

REFERRED TO INSURANCE

lower

1 primary · 0 co-sponsors