---
type: "Bill"
title: "Relates to extending the exemption from filing requirements only with respect to rates and policy forms to out of state businesses"
description: "Relates to extending the exemption from filing requirements only with respect to rates and policy forms to businesses underwritten and transacted from an office outside this state."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2025-2026"
identifier: "S 4960"
citation: "New York S 4960 (2025-2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jamaal Bailey"]
version_count: 1
action_count: 13
vote_count: 3
first_action: "2025-02-14"
last_action: "2025-11-21"
source: "openstates"
source_identifier: "ocd-bill/6f251c37-cb1c-4dce-a45d-42071abddcfb"
source_url: "http://www.nysenate.gov/legislation/bills/2025/S4960"
source_hash: "b41635055f6c07626cc87e10729ebf25dab9a9d2a4f3be147bbb1b87cfe2dc56"
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 S 4960 (2025-2026) — Relates to extending the exemption from filing requirements only with respect to rates and policy forms to out of state businesses

Relates to extending the exemption from filing requirements only with respect to rates and policy forms to businesses underwritten and transacted from an office outside this state.

## Version chain

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

1. **S4960** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S4960&term=2025&Text=Y)

## Votes

- Assembly Vote — **145–0** (pass) · lower
- Insurance Vote — **11–0** (pass) · upper
- Floor Vote — **60–1** (pass) · upper

## Sponsors

- Jamaal Bailey — primary (person)

## Timeline

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

- **2025-02-14** REFERRED TO INSURANCE `referral-committee`
- **2025-03-03** 1ST REPORT CAL.420
- **2025-03-04** 2ND REPORT CAL.
- **2025-03-05** ADVANCED TO THIRD READING
- **2025-05-06** PASSED SENATE `passage`
- **2025-05-06** DELIVERED TO ASSEMBLY
- **2025-05-06** REFERRED TO INSURANCE `referral-committee`
- **2025-06-16** SUBSTITUTED FOR A3888
- **2025-06-16** ORDERED TO THIRD READING RULES CAL.781
- **2025-06-16** PASSED ASSEMBLY `passage`
- **2025-06-16** RETURNED TO SENATE
- **2025-11-17** DELIVERED TO GOVERNOR `executive-receipt`
- **2025-11-21** SIGNED CHAP.550 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6f251c37-cb1c-4dce-a45d-42071abddcfb`. Confidence: reported (aggregated from official New York legislature records).