Senate Bill S5929

Vetoed By Governor
2009-2010 Legislative Session

Relates to insurance premium reductions for side door airbags

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A1004 - Vetoed by Governor

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

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2009-S5929 (ACTIVE) - Details

See Assembly Version of this Bill:
A1004
Law Section:
Insurance Law
Laws Affected:
Amd §2336, Ins L

2009-S5929 (ACTIVE) - Summary

Permits insurance premium reductions for personal injury protection and medical payment coverages for side door airbags in non-commercial private passenger vehicles; also allows for a premium credit for other vehicles so equipped.

2009-S5929 (ACTIVE) - Sponsor Memo

2009-S5929 (ACTIVE) - Bill Text download pdf 

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

                                  5929

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                              June 18, 2009
                               ___________

Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the insurance law, in relation to providing discounts on
  premiums for motor vehicles equipped with side door airbags

  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 MAY PROVIDE FOR AN APPROPRIATE REDUCTION IN PREMIUM
CHARGES  FOR  PERSONAL  INJURY  PROTECTION AND MEDICAL PAYMENT COVERAGES
WITH RESPECT TO ANY INSURED VEHICLE EQUIPPED WITH A SIDE DOOR INFLATABLE
RESTRAINT SYSTEM (AIRBAGS). SUCH  DISCOUNT  SHALL  APPLY  TO  SIDE  DOOR
INFLATABLE RESTRAINT SYSTEMS THAT MEET APPLICABLE FEDERAL OR APPROPRIATE
EQUIVALENT STANDARDS. WITH RESPECT TO VEHICLES OTHER THAN NON-COMMERCIAL
PRIVATE  PASSENGER  AUTOMOBILES, ANY SCHEDULE RATING PLAN MAY INCLUDE AN
APPROPRIATE PREMIUM CREDIT WHICH REFLECTS THE  EXISTENCE  OF  SUCH  SIDE
DOOR INFLATABLE RESTRAINT SYSTEM.
  S  2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law and shall apply to  all
policies  issued, renewed, modified, altered or amended on or after such
effective date.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02742-01-9

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