New York 2023-2024 Regular Session

New York Assembly Bill A00694

Introduced
1/11/23  
Refer
1/11/23  

Caption

Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge.

Companion Bills

NY S03403

Same As Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge.

Previously Filed As

NY S03403

Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge.

NY S05315

Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge.

NY HB119

Insurance – Annuities – Nonforfeiture – Interest Rate

NY SB164

Insurance – Annuities – Nonforfeiture – Interest Rate

NY A02015

Reduces the total amount that can be charged from one percent to one-third of one percent.

NY S05921

Reduces the total amount that can be charged from one percent to one-third of one percent.

NY S01629

Reduces the total amount that can be charged from one percent to one-third of one percent.

NY A07429

Reduces the total amount that can be charged from one percent to one-third of one percent.

NY S3027

Reduces the sales tax from seven percent (7%) to six and one-half percent (6 ½%).

NY S4129

Establishes requirements regarding processing of requests to surrender or annuitize matured annuities.

Similar Bills

No similar bills found.