STATE OF NEW YORK ________________________________________________________________________ 7357 2023-2024 Regular Sessions IN ASSEMBLY May 18, 2023 ___________ Introduced by M. of A. TAYLOR -- read once and referred to the Committee on Insurance AN ACT to amend chapter 490 of the laws of 2017 amending the insurance law relating to limits on certain supplementary insurance, in relation to the effectiveness thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2 of chapter 490 of the laws of 2017 amending the 2 insurance law relating to limits on certain supplementary insurance, as 3 amended by section 1 of item S of subpart B of part XXX of chapter 58 of 4 the laws of 2020, is amended to read as follows: 5 § 2. This act shall take effect on the one hundred eightieth day after 6 it shall have become a law, and shall apply to new insurance policies 7 and contracts issued on and after such effective date and shall expire 8 and be deemed repealed June 30, [2023] 2026. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11483-01-3