States / New York / A 11404

A 11404 In Committee

Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act"

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
May 15, 2026
Last action
May 15, 2026 — REFERRED TO INSURANCE
Session
2025-2026
Momentum
26 · Low