Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to insurance |
Mar 25, 2015 |
referred to insurance |
Assembly Bill A6466
2015-2016 Legislative Session
Sponsored By
ENGLEBRIGHT
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
Actions
co-Sponsors
Margaret Markey
Gary Finch
William Colton
multi-Sponsors
David McDonough
Michelle Schimel
2015-A6466 (ACTIVE) - Details
2015-A6466 (ACTIVE) - Summary
Directs superintendent of financial services to establish a separate classification for setting rates for liability insurance for installers of wind or solar electric generating systems; provides for a premium reduction to those installers which have no or minimal insurance claims.
2015-A6466 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6466 2015-2016 Regular Sessions I N A S S E M B L Y March 25, 2015 ___________ Introduced by M. of A. ENGLEBRIGHT, MARKEY, FINCH, COLTON -- Multi-Spon- sored by -- M. of A. McDONOUGH, SCHIMEL -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to directing the super- intendent of financial services to establish a separate classification for liability insurance for businesses engaged in the installation of wind or solar electric generating systems THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The insurance law is amended by adding a new section 2346-b to read as follows: S 2346-B. REDUCTION IN RATES OF LIABILITY INSURANCE FOR INSTALLERS OF WIND OR SOLAR ELECTRIC GENERATING SYSTEMS. (A) FOR THE PURPOSES OF THIS SECTION: (1) "SOLAR ELECTRIC GENERATING SYSTEM" MEANS A PHOTOVOLTAIC SYSTEM THAT IS MANUFACTURED, INSTALLED AND OPERATED IN ACCORDANCE WITH APPLICA- BLE GOVERNMENT AND INDUSTRY STANDARDS, AND THAT IS CONNECTED TO THE ELECTRIC SYSTEM AND OPERATED IN CONJUNCTION WITH AN ELECTRIC CORPO- RATION'S TRANSMISSION AND DISTRIBUTION FACILITIES. (2) "WIND ELECTRIC GENERATING SYSTEM" MEANS ONE OR MORE WIND GENERA- TORS THAT ARE MANUFACTURED, INSTALLED AND OPERATED IN ACCORDANCE WITH APPLICABLE GOVERNMENT AND INDUSTRY STANDARDS, AND THAT ARE CONNECTED TO THE ELECTRIC SYSTEM AND OPERATED IN PARALLEL WITH AN ELECTRIC CORPO- RATION'S TRANSMISSION AND DISTRIBUTION FACILITIES. (B) THE SUPERINTENDENT SHALL ESTABLISH A SEPARATE CLASSIFICATION FOR THE DETERMINATION OF RATES AND PREMIUMS FOR LIABILITY, MOTOR VEHICLE AND WORKERS' COMPENSATION PROVIDED TO ANY PERSON OR ENTITY ENGAGED IN THE BUSINESS OF INSTALLING SOLAR AND/OR WIND ELECTRIC GENERATING SYSTEMS. (C) THE SUPERINTENDENT SHALL PROVIDE FOR A REDUCTION IN THE RATES OF LIABILITY, MOTOR VEHICLE AND WORKERS' COMPENSATION INSURANCE PREMIUMS APPLICABLE TO SOLAR AND/OR WIND ELECTRICITY GENERATING SYSTEM INSTAL- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07391-01-5
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