New York Assembly Bill A07915 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 7915 2023-2024 Regular Sessions  IN ASSEMBLY August 4, 2023 ___________ Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to prohibiting insurers from requiring a property owner to disclose the presence of tenants receiving rental assistance The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The insurance law is amended by adding a new section 3462 2 to read as follows: 3 § 3462. Rental assistance disclosure. No insurer shall, on an appli- 4 cation for a policy of insurance on property, require a property owner 5 to disclose whether such property owner rents any portion of the proper- 6 ty to a tenant who receives any rental assistance provided by a city, 7 state, or federal agency, housing authority, or other entity wherein the 8 tenant's portion of the rent is limited to a percentage of the tenant's 9 income. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11957-03-3