STATEMENT TO
[First Reprint]
ASSEMBLY, No. 3920
with Assembly Floor Amendments
(Proposed by Assemblyman BRAMNICK)
ADOPTED: AUGUST 27, 2020
This amendment provides that nothing in the bill shall prevent an insurer from recouping the cost of nonpayment of premiums by a policyholder, provided that any recoupment shall be subject to directions of the commissioner issued pursuant to the bill.