|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to insurance|
|Mar 22, 2011||referred to insurance|
senate Bill S4175
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4175 - Details
S4175 - Summary
Authorizes insurance premium reductions for non-commercial private passenger vehicles equipped with retrofitted daytime running lamps; requires commissioner to promulgate by rule, qualifications and standards for the installation of such lamps.
S4175 - Sponsor Memo
BILL NUMBER:S4175 TITLE OF BILL: An act to amend the insurance law, in relation to authorizing insurance premium reductions for private passenger vehicles retrofitted with daytime running lamps PURPOSE: This bill would authorize an actuarially appropriate premium discount on automobile insurance for vehicles that are retrofitted with daytime running lamps, and establish a standard for retrofitted daytime running lamps that would require prior approval by the Superintendent of Insurance, in consultation with the Division. SUMMARY OF PROVISIONS: Amends Insurance Law section 2336(g) to provide that all private passenger automobile insurers are authorized to offer an actuarially appropriate premium discount for auto insurance coverage for motor vehicles that are retrofitted with daytime running lamps. Further, that the Superintendent, after consulting with the Department of Motor Vehicles, shall promulgate by rule, qualifications and standards for the installation of such lamps. The purpose of
S4175 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4175 2011-2012 Regular Sessions I N S E N A T E March 22, 2011 ___________ Introduced by Sen. DeFRANCISCO -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to authorizing insurance premium reductions for private passenger vehicles retrofitted with daytime running lamps THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (g) of section 2336 of the insurance law, as added by chapter 362 of the laws of 1995, is amended to read as follows: (g) Any schedule or rating plan for non-commercial private passenger automobile insurance shall, WITH RESPECT TO AUTOMOBILES EQUIPPED WITH FACTORY INSTALLED DAYTIME RUNNING LAMPS, AND MAY, WITH RESPECT TO AUTO- MOBILES EQUIPPED WITH RETROFITTED DAYTIME RUNNING LAMPS, also provide for an actuarially appropriate reduction in premium charges for bodily injury liability, property damage liability, personal injury protection, medical payments and collision coverage [with respect to automobiles equipped with factory installed daytime running lamps (DRL)]. SUCH RETROFITTED LAMPS SHALL BE DESIGNED TO REDUCE ACCIDENTS BY INCREASING VEHICLE VISIBILITY AND MUST BE APPROVED BY THE SUPERINTENDENT. FURTHER, THE SUPERINTENDENT SHALL, AFTER CONSULTING WITH THE COMMISSIONER OF MOTOR VEHICLES, PROMULGATE BY RULE QUALIFICATIONS AND STANDARDS FOR THE INSTALLATION OR RETROFITTING OF SUCH LAMPS. 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 or amended on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03161-01-1
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