A11404 (2025-26 session)
NY State bill
Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act" which requires life insurance companies to take state specific population health information into account as a factor; requires the superintendent of financial services to develop a standard weight to be given to state specific population health information in rate-setting.
- Title
- Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act"
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-05-15
- In committee
- Insurance
- Introduced
- 2026-05-15
- Same as
- S10298
- Law section
- Insurance Law
Sponsors
- David I. Weprin Assembly Member, District 24
Heard in committee
- Insurance NY State Assembly committee