New York A 9279: Expands the ethical duties of public officers and employees

Bill Text

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A09279 Summary:

BILL NOA09279A

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SAME ASSAME AS S08585-A

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SPONSORKelles

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COSPNSRReyes, Lucas, Gallagher, Romero, Forrest, Steck

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MLTSPNSR

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Add §3463, amd §2304, Ins L

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Enacts the "climate accountability and loss recovery act"; provides that the attorney general may bring a civil action against a covered entity for recovery of certain costs and assessments arising from a climate disaster.

Go to top A09279 Actions:

BILL NOA09279A

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11/21/2025referred to insurance

01/07/2026referred to insurance

06/01/2026amend (t) and recommit to insurance

06/01/2026print number 9279a

Go to topA09279 Committee&nbspVotes:

Go to topA09279 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA09279 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9279--A

 2025-2026 Regular Sessions

 IN ASSEMBLY

 November 21, 2025
 ___________

 Introduced by M. of A. KELLES, REYES, LUCAS, GALLAGHER, ROMERO, FORREST
 -- read once and referred to the Committee on Insurance -- recommitted
 to the Committee on Insurance in accordance with Assembly Rule 3, sec.
 2 -- committee discharged, bill amended, ordered reprinted as amended
 and recommitted to said committee

 AN ACT to amend the insurance law, in relation to enacting the "climate
 accountability and loss recovery act"

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "climate accountability and loss recovery act".
 3 § 2. The insurance law is amended by adding a new section 3463 to read
 4 as follows:
 5 § 3463. Recovery for climate disaster losses; attorney general
 6 enforcement. (a) For the purposes of this section the following terms
 7 have the following meanings:
 8 (1) "Climate disaster" means any event including fire, flood, hurri-
 9 cane, tornado, landslide, mudslide, wind, storm, wave action, wind-dri-
 10 ven water, tidal wave, air contamination, blight, drought, infestation,
 11 explosion, nuclear, chemical, biological, or bacteriological release,
 12 water contamination, bridge failure or bridge collapse, or any event
 13 designated in a state declaration of disaster emergency pursuant to
 14 section twenty-eight of the executive law or a local state of emergency
 15 pursuant to section twenty-four of the executive law, provided that
 16 climate change was a substantial factor in the event's frequency, sever-
 17 ity, location, timing, or extent.
 18 (2) "Fossil fuel product" includes the following:
 19 (A) coal, as defined in section 1-103 of the energy law;
 20 (B) fossil fuel, as defined in section 1-103 of the energy law;
 21 (C) fuel gases, as defined in section 1-103 of the energy law; and
 22 (D) petroleum products, as defined in section 1-103 of the energy law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13895-09-6

 A. 9279--A 2

 1 (3) "Covered entity" means any person, firm, corporation, company,
 2 partnership, society, joint stock company, entity, or association that
 3 meets all of the following criteria:
 4 (A) has an aggregate market capitalization or worldwide annual revenue
 5 across the parent entity and all affiliated entities of at least five
 6 hundred million dollars ($500,000,000), determined by an average
 7 capitalization or revenue over the preceding three years. For purposes
 8 of this subparagraph, "affiliated entities" means a parent or subsidiary
 9 corporation as well as any other business entity under common ownership
 10 or control with the parent entity, including an entity consolidated for
 11 financial reporting purposes, or to enhance profitability for the parent
 12 entity;
 13 (B) engaged in the extraction, production, manufacture, or sale at
 14 wholesale of fossil fuel products; and
 15 (C) did business in the state, was registered to do business in the
 16 state, was appointed an agent of the state, or otherwise had sufficient
 17 contacts with the state to be subject to the state's jurisdiction.
 18 "Covered entity" does not include the federal government, any tribal
 19 government, the state, a political subdivision of the tribal or state
 20 g