Relates to insurance fraud; appropriation

2025 Regular Session Introduced by Pam Helming

Allocates state funds to strengthen insurance-fraud enforcement and prevention, benefiting state agencies, insurers, and policyholders.

REFERRED TO FINANCE

Summary of Bill S 6364 — Relates to insurance fraud; appropriation

Basic information

Bill number: S 6364

Title: Relates to insurance fraud; appropriation

Sponsor (primary): Pamela Helming

Status: Referred to Finance

Introduced: March 11, 2025

Legislative action (to date):

2025-03-11: Referred to Finance
2025-03-11: Referred to Finance (duplicate entry)

Jurisdiction context: The prefix “S” and sponsor suggest this is a New York State Senate bill.

Purpose and intent (as inferred from the title)

The bill appears intended to address insurance fraud and to authorize or modify an appropriation (i.e., allocate state funding) related to anti-fraud efforts. The combination implies funding for activities designed to prevent, detect, investigate, or prosecute insurance fraud, though the exact scope and mechanisms are not provided in the text available here.

Key provisions (not provided in the excerpt)

The precise provisions of S 6364 are not included in the information provided. Based on the title and typical content of similar bills, potential areas the bill might cover (subject to actual text) could include:

Allocation of state funds to establish or strengthen insurance-fraud enforcement units or programs.
Funding for investigations, audits, or data analytics related to insurance fraud.
Support for state agencies (e.g., Department of Financial Services, Attorney General) and/or partnerships with insurers and other stakeholders.
Definitions related to “insurance fraud” and related offenses.
Reporting requirements on how funds are spent and the impact on fraud prevention and enforcement.
Possible penalties, programmatic requirements, or administrative procedures tied to the appropriation.

Until the bill text is released, these items remain speculative.

Who would be affected

State agencies and programs involved in insurance regulation and fraud enforcement (likely potential beneficiaries of the appropriation).

Insurance companies and industry stakeholders that interact with state fraud enforcement or programs funded by the bill.

Policyholders and the public who are impacted by changes in enforcement efficiency, fraud deterrence, and any related consumer protections.

Procedural and timeline notes

The bill has been introduced and immediately referred to the Finance Committee, indicating it is moving through the budget and appropriations process. No additional actions or timelines are provided here.

Final adoption (if pursued) would depend on passage by the Legislature and any required gubernatorial action, as well as the inclusion of the appropriation in the state budget or a standalone fiscal bill.

Next steps for readers

To understand the exact impact and mechanics, obtain the full bill text and any fiscal notes or analyses from the New York State Senate or Legislative Tax/Budget offices.

Monitor for subsequent actions by the Finance Committee and floor votes.

Consider questions to track when the text becomes available:

What is the authorized appropriation amount and duration?
Which programs or agencies receive funding, and for what purposes?
Are there new or amended definitions, enforcement authorities, or reporting requirements?
How would the funding interact with existing fraud-prevention initiatives?

This summary reflects the information provided. Accurate assessment of substantive provisions requires the actual bill text and fiscal impact documentation.