---
type: "Bill"
title: "Prohibits mortgagees from requiring mortgagors of certain real property to purchase flood insurance exceeding certain limits"
description: "Prohibits mortgagees from requiring mortgagors of certain residential real property to purchase flood insurance exceeding a coverage amount that exceeds the balance as of the beginning of the year for which the policy shall be in effect, or that includes coverage for contents."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2023-2024"
identifier: "A 5073"
citation: "New York A 5073 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Pamela J. Hunter"]
version_count: 2
action_count: 20
vote_count: 3
first_action: "2023-03-02"
last_action: "2024-12-13"
source: "openstates"
source_identifier: "ocd-bill/173091d7-979e-42b9-8089-9f3a44c0522f"
source_url: "http://www.nysenate.gov/legislation/bills/2023/A5073"
source_hash: "e81b59635f07edceac627a9921b89a51ee9b55f987b5be11c0860f508105ae18"
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 5073 (2023-2024) — Prohibits mortgagees from requiring mortgagors of certain real property to purchase flood insurance exceeding certain limits

Prohibits mortgagees from requiring mortgagors of certain residential real property to purchase flood insurance exceeding a coverage amount that exceeds the balance as of the beginning of the year for which the policy shall be in effect, or that includes coverage for contents.

## Version chain

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

1. **A5073** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A5073&term=2023&Text=Y)
2. **A5073A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/A5073A)

## Votes

- Floor Vote - Version: A — **59–0** (pass) · upper
- Assembly Vote — **146–2** (pass) · lower
- Assembly Vote - Vote 2 — **149–0** (pass) · lower

## Sponsors

- Pamela J. Hunter — primary (person)
- John T. McDonald III — cosponsor (person)
- Kenneth Zebrowski — cosponsor (person)
- Marianne Buttenschon — cosponsor (person)
- Monica P. Wallace — cosponsor (person)
- Phil Steck — cosponsor (person)
- Stephen Hawley — cosponsor (person)

## Timeline

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

- **2023-03-02** REFERRED TO JUDICIARY `referral-committee`
- **2023-03-21** REPORTED
- **2023-03-23** ADVANCED TO THIRD READING CAL.93
- **2023-03-28** PASSED ASSEMBLY `passage`
- **2023-03-28** DELIVERED TO SENATE
- **2023-03-28** REFERRED TO JUDICIARY `referral-committee`
- **2024-01-03** DIED IN SENATE
- **2024-01-03** RETURNED TO ASSEMBLY
- **2024-01-03** ORDERED TO THIRD READING CAL.142
- **2024-04-03** AMENDED ON THIRD READING 5073A `amendment-passage`
- **2024-04-16** PASSED ASSEMBLY `passage`
- **2024-04-16** DELIVERED TO SENATE
- **2024-04-16** REFERRED TO JUDICIARY `referral-committee`
- **2024-06-05** SUBSTITUTED FOR S7125A
- **2024-06-05** 3RD READING CAL.943
- **2024-06-05** PASSED SENATE `passage`
- **2024-06-05** RETURNED TO ASSEMBLY
- **2024-12-02** DELIVERED TO GOVERNOR `executive-receipt`
- **2024-12-13** SIGNED CHAP.557 `executive-signature`
- **2024-12-13** APPROVAL MEMO.28

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/173091d7-979e-42b9-8089-9f3a44c0522f`. Confidence: reported (aggregated from official New York legislature records).