---
type: "Bill"
title: "Authorizes additional supervision and regulation of mutual companies"
description: "Authorizes additional supervision and regulation of mutual companies relating to requiring members of a board of directors of a mutual company to complete training regarding the financial oversight, accountability and fiduciary responsibilities of a board member and the powers, functions and duties of a board of directors of a mutual company."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "A 8749"
citation: "New York A 8749 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["CYMBROWITZ"]
version_count: 1
action_count: 12
vote_count: 2
first_action: "2022-01-11"
last_action: "2022-02-24"
source: "openstates"
source_identifier: "ocd-bill/9ca07b8a-0052-45f2-89e6-d79bb3248423"
source_url: "http://www.nysenate.gov/legislation/bills/2021/A8749"
source_hash: "b98d1173dfdc2abd12b62816a4dc11badcfe3613a54b3a86185df2f4b387974c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York A 8749 (2021-2022) — Authorizes additional supervision and regulation of mutual companies

Authorizes additional supervision and regulation of mutual companies relating to requiring members of a board of directors of a mutual company to complete training regarding the financial oversight, accountability and fiduciary responsibilities of a board member and the powers, functions and duties of a board of directors of a mutual company.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **A8749** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A8749&term=2021&Text=Y)

## Votes

- Floor Vote — **45–18** (pass) · upper
- Assembly Vote — **144–1** (pass) · lower

## Sponsors

- CYMBROWITZ — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-11** REFERRED TO HOUSING `referral-committee`
- **2022-01-25** REPORTED
- **2022-01-27** ADVANCED TO THIRD READING CAL.329
- **2022-01-31** PASSED ASSEMBLY `passage`
- **2022-01-31** DELIVERED TO SENATE
- **2022-02-01** REFERRED TO RULES `referral-committee`
- **2022-02-02** SUBSTITUTED FOR S7831
- **2022-02-02** 3RD READING CAL.292
- **2022-02-02** PASSED SENATE `passage`
- **2022-02-02** RETURNED TO ASSEMBLY
- **2022-02-24** DELIVERED TO GOVERNOR `executive-receipt`
- **2022-02-24** SIGNED CHAP.41 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9ca07b8a-0052-45f2-89e6-d79bb3248423`. Confidence: reported (aggregated from official New York legislature records).