Voice vote on Resolution 395: Homeowners insurance rate cap
The Speaker reads Resolution 395 calling on the state to pass S6356/A4188 prohibiting homeowners insurance rate increases exceeding 25% per year. The ayes have it and the resolution is adopted.
Resolution 395 calls on the New York State Legislature to pass and the governor to sign Senate Bill 6356 and Assembly Bill 4188 prohibiting increases in rates of homeowners insurance in excess of 25% per year.
All those in favor say aye.
Aye.
All opposed say nay.
Any abstentions?
The ayes have it.
We will now move into general discussion.
A reminder, this is two minutes.
We have about 15 to 20 colleagues signed up to speak.
All right, we're beginning with Councilmember Thomas Henry, followed by Maloney.