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NY A05073

Bill

Status

Passed

12/13/2024

Primary Sponsor

Pamela Hunter

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Origin

Assembly

2023-2024 General Assembly

AI Summary

Legislative Description

Prohibits mortgagees from requiring mortgagors of certain residential real property to purchase flood insurance exceeding a coverage amount that exceeds the balance as of the beginning of the year for which the policy shall be in effect, or that includes coverage for contents.

Last Action

approval memo.28

12/13/2024

Committee Referrals

Judiciary3/28/2023
Judiciary3/2/2023

Full Bill Text

No bill text available