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New York · 2025 Regular Session · Bill

S 5264: Requires insurance companies to provide detailed rationale for rate changes of certain state or municipal backed buildings

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 5264 is a bill introduced in the New York Senate on February 20, 2025. According to its official title, it concerns: Requires insurance companies to provide detailed rationale for rate changes of certain state or municipal backed buildings. Primary sponsor: Jamaal Bailey (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.

Requires insurance companies to provide detailed rationale and the formulation for rate changes of certain state or municipal backed buildings.

Sponsors

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

NameRolePartyChamberDistrict
Jamaal BaileyPrimary sponsorDemocratic/Working FamiliesSenate36

“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