S7125 (2023-24 session)

NY State bill

Prohibits mortgagees from requiring mortgagors of certain residential real property to purchase flood insurance exceeding a coverage amount that exceeds the balance as of the beginning of the year for which the policy shall be in effect, or that includes coverage for contents.

Title
Prohibits mortgagees from requiring mortgagors of certain real property to purchase flood insurance exceeding certain limits
Type
New York State Senate bill
Session
2023-24 session
Status
Senate Floor Calendar
Latest action date
2024-05-13
Introduced
2023-05-18
Active version
S7125A
Same as
A5073
Substituted by
A5073
Law section
Real Property Law

Sponsors

Co-sponsors

Heard in committee

Same as

Substituted by

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources