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NY A07923
Bill
Status
8/4/2023
Primary Sponsor
Linda Rosenthal
Click for details
AI Summary
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Prohibits insurers from requiring property owners to disclose on insurance applications whether tenants receive rental assistance from government agencies, housing authorities, or other entities that limit tenant rent to a percentage of income.
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Prevents insurers from canceling, refusing to issue, refusing to renew, or increasing premiums based solely on tenants receiving rental assistance.
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Prevents insurers from excluding, limiting, restricting, or reducing coverage under a policy based solely on the presence of tenants receiving rental assistance.
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Allows insurers to take other permitted actions under insurance law unrelated to rental assistance status, such as cancellation or premium increases based on other factors.
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Takes effect immediately upon enactment.
Legislative Description
Prohibits insurers from requiring a property owner to disclose the presence of tenants receiving rental assistance; prohibits coverage refusal due to the presence of tenants receiving rental assistance.
Last Action
referred to insurance
1/3/2024