Fabio
71 lines
2.5 KiB
Markdown
71 lines
2.5 KiB
Markdown
---
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type: "Bill"
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title: "Authorizes the power authority of the state of New York to form a pure captive insurance company"
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description: "Authorizes the power authority of the state of New York to form a pure captive insurance company."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2021-2022"
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identifier: "A 7987"
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citation: "New York A 7987 (2021-2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["CUSICK"]
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version_count: 1
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action_count: 13
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vote_count: 2
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first_action: "2021-06-04"
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last_action: "2022-05-09"
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source: "openstates"
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source_identifier: "ocd-bill/c074b87b-07ef-42c2-821c-c013e5e44da3"
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source_url: "http://www.nysenate.gov/legislation/bills/2021/A7987"
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source_hash: "e73d66fd175821e24782463efc58ff859c67eb0436ca708c880d52ea2e0fee07"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York A 7987 (2021-2022) — Authorizes the power authority of the state of New York to form a pure captive insurance company
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Authorizes the power authority of the state of New York to form a pure captive insurance company.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **A7987** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A7987&term=2021&Text=Y)
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## Votes
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- Assembly Vote — **138–0** (pass) · lower
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- Floor Vote — **63–0** (pass) · upper
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## Sponsors
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- CUSICK — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-06-04** REFERRED TO INSURANCE `referral-committee`
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- **2022-01-05** REFERRED TO INSURANCE `referral-committee`
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- **2022-02-16** REPORTED
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- **2022-02-17** ADVANCED TO THIRD READING CAL.437
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- **2022-02-28** PASSED ASSEMBLY `passage`
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- **2022-02-28** DELIVERED TO SENATE
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- **2022-02-28** REFERRED TO ENERGY AND TELECOMMUNICATIONS `referral-committee`
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- **2022-03-24** SUBSTITUTED FOR S7087A
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- **2022-03-24** 3RD READING CAL.714
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- **2022-03-24** PASSED SENATE `passage`
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- **2022-03-24** RETURNED TO ASSEMBLY
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- **2022-04-27** DELIVERED TO GOVERNOR `executive-receipt`
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- **2022-05-09** SIGNED CHAP.193 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c074b87b-07ef-42c2-821c-c013e5e44da3`. Confidence: reported (aggregated from official New York legislature records).
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