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Senate Bill S7343

2013-2014 Legislative Session

Reduces motor vehicle registration fees from ten dollars to five dollars per insured motor vehicle

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Insurance Committee

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2013-S7343 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd ยง9110, Ins L

2013-S7343 (ACTIVE) - Summary

Reduces motor vehicle law enforcement fees from ten dollars to five dollars per insured motor vehicle.

2013-S7343 (ACTIVE) - Sponsor Memo

2013-S7343 (ACTIVE) - Bill Text download pdf 

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

                                  7343

                            I N  S E N A T E

                              May 13, 2014
                               ___________

Introduced  by  Sen.  SEWARD -- 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  motor  vehicle  law
  enforcement fees

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

  Section 1. Subsection (b) of section 9110 of  the  insurance  law,  as
amended  by  section  1  of part T of chapter 56 of the laws of 2009, is
amended to read as follows:
  (b) The annual fee is hereby imposed at the rate of [ten] FIVE dollars
per insured motor vehicle registered pursuant to the provisions of para-
graph b of subdivision one of section four hundred one  of  the  vehicle
and  traffic  law.  Provided, however, that such fee shall be reduced by
fifty percent per insured  motor  vehicle  registered  pursuant  to  the
provisions of paragraph b of subdivision one of section four hundred one
of the vehicle and traffic law where a policy issued in the state or for
delivery  in the state for motor vehicle liability insurance coverage is
for a term of six months or less. Such  fee  will  be  paid  monthly  by
insurance  companies to the superintendent on or before the fifteenth of
the month next succeeding  the  month  in  which  such  collections  are
received.
  S  2.  This  act shall take effect on the thirtieth day after it shall
have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15118-01-4

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