|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to insurance|
|Jan 09, 2013||referred to insurance|
senate Bill S412
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S412 - Details
S412 - Summary
Extends provisions relating to owner controlled insurance programs; provides that for such purposes "public corporation" or "public authority" shall not include bridge, tunnel or omnibus facilities.
S412 - Sponsor Memo
BILL NUMBER:S412 TITLE OF BILL: An act to amend the insurance law, in relation to extending owner controlled insurance programs in certain instances PURPOSE: This bill would expand the ability of the Metropolitan Transportation Authority (MTA), to use owner controlled insurance programs in connection with bus facilities and bridge and tunnel capital projects. SUMMARY OF PROVISIONS: This bill would amend Insurance Law § 2504(a)(2)(B) to expand the use of owner controlled insurance programs for the MTA to include bus facilities and bridge and tunnel capital projects. EXISTING LAW: Currently, the MTA is permitted to use owner controlled insurance programs only in connection with the construction of electrical generating and transmission facilities or construction, extensions and additions of light rail or heavy rail rapid transit and commuter
S412 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 412 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. DILAN -- 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 extending owner controlled insurance programs in certain instances THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (B) of paragraph 2 of subsection (a) of section 2504 of the insurance law is amended to read as follows: (B) the city of New York, a public corporation or A public authority, in connection with the construction of electrical generating and trans- mission facilities or construction, extensions and additions of light rail or heavy rail rapid transit and commuter railroads, OR BRIDGE, TUNNEL OR OMNIBUS FACILITIES. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00595-01-3
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