· NY legislature · 2025-2026

Requires replacement cost fire insurance on multiple dwellings and use of insurance proceeds to replace such multiple dwellings

Requires owner of a multiple dwelling to procure and maintain fire insurance on such multiple dwelling in the amount of the full cost to replace such multiple dwelling; requires owners of multiple dwellings to use insurance proceeds to replace such multiple dwellings; deems void provisions in other documents which a…

Sponsor

Kevin Parker (D-NY)

Introduced

2025-02-03

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT