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New York · 2025 Regular Session · Bill

S 1022: Enacts the "limited equity cooperative insurance captive authorization and county cap act"

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 1022 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Enacts the "limited equity cooperative insurance captive authorization and county cap act". Primary sponsor: Robert Jackson (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO INSURANCE.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Enacts the "limited equity cooperative insurance captive authorization and county cap act" to enable limited equity cooperatives in the state of New York to establish insurance captives to enhance their ability to manage risks, improve insurance coverage, and promote financial stability.

Sponsors

Sponsors by party (alphabetical): Democratic/Working Families 1

NameRolePartyChamberDistrict
Robert JacksonPrimary sponsorDemocratic/Working FamiliesSenate31

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO INSURANCE
  2. REFERRED TO INSURANCE

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source