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New York · 2025 Regular Session · Bill

S 10298: Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) 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 10298 is a bill introduced in the New York Senate on May 12, 2026. According to its official title, it concerns: Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act". Primary sponsor: James Skoufis (Democratic). Most recent recorded action (May 12, 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 "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.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
James SkoufisPrimary sponsorDemocraticSenate42

“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

Sources

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