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Jamaal Bailey

Sponsor · State Senator, District 36 · Democratic/Working Families

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Senate bill · S5048 (2025-26)

Relates to contractual liability insurance policies

Latest action Oct 16, 2025

Summary

Relates to contractual liability insurance policies; provides that each provider may maintain a maximum of five service contract reimbursement insurance policies insuring its service contracts actively offered.

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Where it stands

Signed into law.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

New York State Senate

Same as A979, the matching bill in the Assembly.

Passed as A979, the matching Assembly bill.

Amends the Insurance Law.

Committee

Insurance · New York State Assembly

Also referred to Insurance · New York State Senate.

Purpose, from the sponsor's memo

This bill amends the Insurance Law to allow service contract providers to demonstrate financial responsibility pursuant to NY Insurance Law 7903(c) (1) by using "default" service contract reimbursement insurance policies and by procuring multiple policies of service contract reimbursement insurance.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

  • Vote: Floor vote

    NY SenateJun 9, 2025Result: passedSenate vote on A979, the matching Assembly bill.

    (62) (0) (0) (1)
  • Vote: Committee vote · Insurance

    Senate InsuranceMay 28, 2025Result: passed

    (11) (0) (0) (0)

Full history

  1. Oct 16, 2025

    Signed

    SIGNED CHAP.441

    NY Assembly

  2. Oct 9, 2025

    Sent to the executive

    DELIVERED TO GOVERNOR

    NY Assembly

  3. Jun 9, 2025

    3RD Reading CAL.1448

    3RD READING CAL.1448

    NY Senate

  4. Jun 9, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  5. Jun 9, 2025

    Substituted

    SUBSTITUTED FOR S5048A

    NY Senate

Show full history (12 earlier events)
  1. Jun 4, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  2. May 29, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  3. May 28, 2025

    1ST Report CAL.1448

    1ST REPORT CAL.1448

    NY Senate

  4. May 20, 2025

    Sent to the executive

    DELIVERED TO SENATE

    NY Assembly

  5. May 20, 2025

    Passed a chamber

    PASSED ASSEMBLY

    NY Assembly

  6. May 20, 2025

    Referred to committee

    REFERRED TO INSURANCE

    NY Senate

  7. May 16, 2025

    Amend and Recommit to Insurance

    AMEND AND RECOMMIT TO INSURANCE

    NY Senate

  8. May 15, 2025

    Advanced to Third Reading CAL.142

    ADVANCED TO THIRD READING CAL.142

    NY Assembly

  9. May 13, 2025

    Reported out of committee

    REPORTED

    NY Assembly

  10. Apr 15, 2025

    Amend and Recommit to Insurance

    AMEND AND RECOMMIT TO INSURANCE

    NY Assembly

  11. Feb 18, 2025

    Referred to committee

    REFERRED TO INSURANCE

    NY Senate

  12. Jan 8, 2025

    Referred to committee

    REFERRED TO INSURANCE

    NY Assembly

About this record

Summary

The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.

Cosponsors

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Party colors

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Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

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