A 6833 New York Assembly · 2025 Regular Session

Relates to requirements for making of policy loans

Summary
Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder.
Bill status passed 3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
Mar 2026
Assembly Passage
Mar 2026
Senate Passage
Governor
Introduced Mar 14, 2025 Last action Mar 4, 2026
Floor votes · Assembly Mar 4, 2026

How they voted

1450
Passed · 4 other
Total votes 149
Mar 4, 2026
D Democratic102
99 Yea 3
97% Yea
R Republican47
46 Yea 1
97% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
3
Mar 4, 2026
Committee
REFERRED TO INSURANCE
upper
Mar 4, 2026
Lower · Passed
PASSED ASSEMBLY
lower
Jan 7, 2026
Committee
REFERRED TO INSURANCE
lower
Mar 14, 2025
Committee
REFERRED TO INSURANCE
lower
1 primary · 7 co-sponsors

Sponsors