New York · 2025 Regular Session · Bill

S 5315: Modifies the interest rate within the standard nonforfeiture law for annuities

In committee Last action January 7, 2026: REFERRED TO INSURANCE

Plain-language summary

S 5315 is a bill introduced in the New York Senate on February 20, 2025. According to its official title, it concerns: Modifies the interest rate within the standard nonforfeiture law for annuities. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO INSURANCE.

Sponsors

Primary sponsor: Jamaal Bailey (Democratic/Working Families).