Assembly Bill A3474

2015-2016 Legislative Session

Provides for reduction in private passenger automobile insurance premiums for participation in an official police department or other anti-theft program

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-A3474 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd ยงยง2336 & 2342, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A3797
2019-2020: A4017
2021-2022: A2269
2023-2024: A1657

2015-A3474 (ACTIVE) - Summary

Requires that any schedule of rates or rating plan for non-commercial private passenger automobile insurance coverage submitted to the superintendent of financial services shall provide for an appropriate reduction in premium charges for any insured participating in an official police department program or other program designed to prevent or reduce motor vehicle theft.

2015-A3474 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3474

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 23, 2015
                               ___________

Introduced by M. of A. WRIGHT -- read once and referred to the Committee
  on Insurance

AN  ACT  to amend the insurance law, in relation to motor vehicle insur-
  ance rate reductions for participation in certain anti-theft programs

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  2336 of the insurance law is amended by adding a
new subsection (i) to read as follows:
  (I) ANY SCHEDULE OR RATING PLAN FOR NON-COMMERCIAL  PRIVATE  PASSENGER
AUTOMOBILE  INSURANCE  SHALL  PROVIDE  FOR  AN  APPROPRIATE REDUCTION IN
PREMIUM CHARGES FOR COMPREHENSIVE COVERAGE WITH RESPECT TO  ANY  INSURED
VEHICLE  ENROLLED  BY  THE  OWNER  IN  THE  "COMBAT  AUTO THEFT (C.A.T.)
PROGRAM" OR ANY OTHER MOTOR VEHICLE THEFT PREVENTION PROGRAM ESTABLISHED
PURSUANT TO SECTION TWO HUNDRED TWENTY-THREE OF THE VEHICLE AND  TRAFFIC
LAW, IN ANY MUNICIPALITY PARTICIPATING IN SUCH PROGRAM.
  S  2.  Section  2342  of the insurance law, as amended by section 6 of
part B of chapter 78 of the laws of 2014, is amended to read as follows:
  S 2342. Expiration of certain provisions. The provisions of subsection
(c) of section two thousand three hundred seven,  section  two  thousand
three  hundred  eight,  subsection  (a)  of  section  two thousand three
hundred ten, sections two thousand three hundred sixteen,  two  thousand
three hundred twenty, two thousand three hundred twenty-three, two thou-
sand  three  hundred  twenty-six, and two thousand three hundred thirty-
five, and [subsection] SUBSECTIONS (b) AND (I) of section  two  thousand
three  hundred thirty-six of this article shall cease to be of any force
or effect during the period August third, two thousand one  through  the
day  before the effective date of the property/casualty insurance avail-
ability act, and after June thirtieth, two thousand seventeen.
  S 3. This act shall take effect immediately, provided that  subsection
(i)  of  section  2336  of the insurance law, as added by section one of
this act, shall be subject to, and  shall  expire  in  accordance  with,
section 2342 of the insurance law, as from time to time amended.

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

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