Bill Commons

NY S 7934

in committee

Provides exceptions to pure and group captive insurance companies who are public entities, political subdivisions, public authorities, public benefit corporations, or a subsidiary thereof

New York · 2025-2026 Regular Session · upper

Description

Requires pure captive insurance companies and group captive insurance companies who are a public entity, political subdivision, public authority, public benefit corporation, or a subsidiary thereof to hold at least two meetings each year in this state, have a majority of members required to be residents of this state, file an annual report with the governor, the temporary president of the senate, the speaker of the assembly, and the minority leaders of the senate and assembly, and submit to additional examinations.

Introduced
—
Status date
—
Latest action
2026-01-07 — REFERRED TO INSURANCE
Bill type
bill
Last updated
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Sponsors

  • Pamela Helmingprimary

Committees

Not provided by source.

Action timeline

  1. 2025-05-14

    REFERRED TO INSURANCE

    referral-committee

  2. 2026-01-07

    REFERRED TO INSURANCE

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S7934?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

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