Senate BillIntroduced
S 5320: Directs the state insurance fund to compensate insurance brokers for services provided to clients who obtain coverage through the fund; establishes within the existing rate structure a factor to compensate licensed insurance producers for services provided to clients who obtain coverage through the fund.
What S 5320 does, verified January 8, 2026
The bill aims to amend the workers' compensation law to allow the state insurance fund to compensate licensed insurance producers for the services they provide to clients who obtain coverage through the fund. The fund's purposes are expanded to include paying commissions to licensed insurance brokers for the services they provide to clients insured in the fund. The commissioners of the state insurance fund are authorized to establish a factor to compensate licensed insurance producers within the existing rate structure. The changes take effect immediately.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO LABOR (2026-01-07)Alert me
Quick answers about S 5320
- What is the current status of S 5320?
- As of January 8, 2026, S 5320 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO LABOR".
- Did S 5320 pass?
- Not yet. S 5320 has been introduced and has not passed either house.
- Who wrote S 5320, and where is it now?
- S 5320 was authored by Sen. Jamaal Bailey. Its committee of record is Senate Labor.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO LABOR |
| Feb. 20, 2025 | REFERRED TO LABOR |
Latest bill textIntroduced version, February 20, 2025 · 238 words
STATE OF NEW YORK ________________________________________________________________________ 5320 2025-2026 Regular Sessions IN SENATE February 20, 2025 ___________ Introduced by Sen. BAILEY -- read twice and ordered printed, and when printed to be committed to the Committee on Labor AN ACT to amend the workers' compensation law, in relation to directing the state insurance fund to compensate licensed insurance producers for the services provided to clients who obtain coverage through the fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 5 of section 76 of the workers' compensation 2 law is renumbered subdivision 6 and a new subdivision 5 is added to read 3 as follows: 4 5. The purposes of such state insurance fund are hereby further 5 enlarged to permit it to compensate licensed insurance brokers for the 6 services they provide their clients who are insured in the fund through 7 the payment of commissions. The commissioners of the state insurance 8 fund are hereby authorized and directed to establish, within the exist- 9 ing rate structure, a factor to compensate licensed insurance producers 10 for the services provided to their clients who obtain coverage through 11 the fund. 12 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09818-01-5
Text of S 5320 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions