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S06196 Summary:

BILL NOS06196
 
SAME ASSAME AS A07504
 
SPONSORKRUEGER
 
COSPNSR
 
MLTSPNSR
 
Amd §76, Work Comp L
 
Allows the New York state insurance fund to enter into agreements with private insurance providers licensed to issue policies to state insurance fund policyholders covering those policyholders' obligations to secure the payment of workers' compensation benefits under the laws of states other than New York.
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S06196 Actions:

BILL NOS06196
 
04/14/2021REFERRED TO LABOR
04/27/20211ST REPORT CAL.834
04/28/20212ND REPORT CAL.
05/03/2021ADVANCED TO THIRD READING
05/05/2021PASSED SENATE
05/05/2021DELIVERED TO ASSEMBLY
05/05/2021referred to labor
06/02/2021substituted for a7504
06/02/2021ordered to third reading rules cal.255
06/02/2021passed assembly
06/02/2021returned to senate
07/21/2021DELIVERED TO GOVERNOR
08/02/2021SIGNED CHAP.363
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S06196 Committee Votes:

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S06196 Memo:

Memo not available
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S06196 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6196
 
                               2021-2022 Regular Sessions
 
                    IN SENATE
 
                                     April 14, 2021
                                       ___________
 
        Introduced  by  Sen. KRUEGER -- read twice and ordered printed, and when
          printed to be committed to the Committee on Labor
 
        AN ACT to amend the workers' compensation law, in relation  to  allowing
          the  New  York  state  insurance  fund  to  enter into agreements with
          private insurance providers to cover out-of-state work

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Section 76 of the workers' compensation law is amended by
     2  adding a new subdivision 1-a to read as follows:
     3    1-a. a. The purposes of the state insurance fund are  hereby  enlarged
     4  to  permit  it to enter agreements with insurers licensed to write work-
     5  ers' compensation insurance in states outside New York to issue policies
     6  to state insurance  fund  policyholders  covering  those  policyholders'
     7  obligations  to  secure  the  payment  of workers' compensation benefits
     8  under the laws of states other than New York. The state  insurance  fund
     9  shall  also  be authorized to receive premiums into its workers' compen-
    10  sation fund for policies written under such agreements and to  pay  from
    11  such  fund: (i) reimbursement of all losses and loss adjustment expenses
    12  under such policies; and (ii) fees and other costs,  including  but  not
    13  limited  to  those for claims services, relating to such agreements.  An
    14  agreement under this subdivision shall  not  include  the  provision  of
    15  claims services for any claim under this chapter.
    16    b.  For  a  policyholder  to be eligible for insurance in states other
    17  than New York provided through agreements entered into under this subdi-
    18  vision, either: (i) the policyholder's  workers'  compensation  premiums
    19  with  the state insurance fund covering its employees under this chapter
    20  must be greater than the premiums charged to  cover  the  policyholder's
    21  obligations  to pay workers' compensation benefits in all states, in the
    22  aggregate, other than New York when covered under  such  agreements;  or
    23  (ii)  the  payroll for the policyholder's operations in New York must be
    24  greater than the policyholder's payroll in all states, in the aggregate,
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10883-01-1

        S. 6196                             2
 
     1  other than New York when covered under such  agreements  for  the  prior
     2  policy  period.  For  determining eligibility, "premiums" mean estimated
     3  premiums as determined by the state insurance fund at the  beginning  of
     4  the  policy  period.  In addition, for a policyholder to be eligible for
     5  insurance in states other than New  York  through  the  state  insurance
     6  fund, the policyholder must meet the state insurance fund's underwriting
     7  criteria  for other states coverage as specified by rules of the commis-
     8  sioners.
     9    § 2. This act shall take effect immediately.
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S06196 LFIN:

 NO LFIN
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S06196 Chamber Video/Transcript:

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