Asm. Al Stirpe

Maddy summaryThis bill limits the information insurers must provide to determine suitability for term life insurance policies to just a consumer's age and annual income. It prohibits the insurance superintendent from creating or enforcing any regulations requiring additional suitability information (like investment goals or family needs) when selling or amending term life insurance policies. The law directly affects insurers selling term life insurance in New York and the superintendent's regulatory authority over such policies. Existing regulations (like 11 NYCRR Part 224) contradicting this bill are deemed null and void, requiring the superintendent to amend them.

Creates statewide emergency and crisis response council to work in conjunction with the commissioners of mental health and addiction services to jointly approve emergency and crisis services plans submitted by local governments, and provide supports regarding the operation and financing of high-quality emergency and crisis services provided to persons experiencing a mental health, alcohol use, or substance use crisis.

Maddy summaryThis bill allows school districts to provide property tax exemptions for volunteer firefighters' primary residences within their district. To qualify, firefighters must be certified members of a local fire company for at least five years, reside in the district, and live in the property as their main home. The exemption covers up to $12,000 in tax value (adjusted by state rates) and requires school districts to adopt local rules through public hearings. Firefighters with 20+ years of service may qualify for a lifetime exemption if their residence remains in the district.

Permits certain registered pharmacy technicians to assist a licensed pharmacist in preparing prescriptions in facilities that are qualified home infusion therapy suppliers, under the direct supervision of a licensed pharmacist employed by such facility.

Establishes the savings bank, savings and loan association or credit union municipal deposit program; defines terms; provides that a credit union accepting deposits of public money is subject to certain limitations and shall pledge assets or furnish other security satisfactory in form and amount to the depositor, for the repayment of monies held in the name of such depositor, when required to be secured by applicable law, decree, or regulation.

Relates to decreasing the length of the suspension period applicable to certain individuals who lose their jobs due to a labor dispute, such as a strike, and who seek to obtain unemployment insurance benefits; decreases the suspension period from two consecutive weeks to one week; provides that the waiting period and suspension period shall be served concurrently.

Establishes the "earned time act" providing for time allowances against the term or maximum term of sentences imposed by the court to be credited on an annual pro rata basis.

Establishes a cannabis processor tax credit; authorizes a tax credit that is the equivalent to the licensed processor's cannabis potency tax liability for the year two thousand twenty-three, multiplied by three, but shall not exceed four hundred thousand dollars.

Relates to creating the health emergency response data system, which collects information and statistical data relating to public health emergencies in order to assist the department of health, other government entities, health care providers, and the public in understanding and responding to public health emergencies.

Establishes temporary health care staffing agencies to assist qualified health care professionals to find temporary employment at health care facilities.