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New York · 2025 Regular Session · Bill

S 5311: Relates to mortgage guaranty insurance

Passed one chamber 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 5311 is a bill introduced in the New York Senate on February 20, 2025. According to its official title, it concerns: Relates to mortgage guaranty insurance. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (June 3, 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.

Relates to mortgage guaranty insurance; allows for withdrawals from the contingency reserve if the superintendent determines that such withdrawals will not be harmful to policy holders.

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. DELIVERED TO ASSEMBLY
  3. PASSED SENATE
  4. ADVANCED TO THIRD READING
  5. 2ND REPORT CAL.
  6. 1ST REPORT CAL.702
  7. REFERRED TO INSURANCE
  8. COMMITTED TO RULES
  9. ADVANCED TO THIRD READING
  10. 2ND REPORT CAL.
  11. 1ST REPORT CAL.424
  12. REFERRED TO INSURANCE

Sources

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