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

                                  5864

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 5, 2015
                               ___________

Introduced  by M. of A. ORTIZ -- read once and referred to the Committee
  on Insurance

AN ACT to amend the insurance law, in relation to  requiring  owners  of
  firearms to obtain liability insurance

  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  2353
to read as follows:
  S  2353.  FIREARM  OWNERS  INSURANCE POLICIES. 1.   ANY PERSON IN THIS
STATE WHO SHALL OWN A FIREARM SHALL, PRIOR TO SUCH OWNERSHIP, OBTAIN AND
CONTINUOUSLY MAINTAIN A POLICY OF LIABILITY INSURANCE IN AN  AMOUNT  NOT
LESS  THAN  TWO HUNDRED FIFTY THOUSAND DOLLARS SPECIFICALLY COVERING ANY
DAMAGES RESULTING FROM ANY NEGLIGENT ACTS  INVOLVING  THE  USE  OF  SUCH
FIREARM  WHILE  IT  IS  OWNED  BY  SUCH PERSON. FAILURE TO MAINTAIN SUCH
INSURANCE SHALL RESULT IN  THE  IMMEDIATE  REVOCATION  OF  SUCH  OWNER'S
REGISTRATION, LICENSE AND ANY OTHER PRIVILEGE TO OWN SUCH FIREARM.
  2.  FOR  PURPOSES  OF THIS SECTION, A PERSON SHALL BE DEEMED TO BE THE
OWNER OF A FIREARM IF SUCH FIREARM IS LOST OR STOLEN UNTIL SUCH LOSS  OR
THEFT  IS  REPORTED TO THE POLICE DEPARTMENT OR SHERIFF WHICH HAS JURIS-
DICTION IN THE COUNTY,  TOWN,  CITY  OR  VILLAGE  IN  WHICH  SUCH  OWNER
RESIDES.
  3. ANY PERSON WHO OWNS A FIREARM ON THE EFFECTIVE DATE OF THIS SECTION
SHALL  OBTAIN  THE INSURANCE REQUIRED BY THIS SECTION WITHIN THIRTY DAYS
OF SUCH EFFECTIVE DATE.
  4. THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO ANY PEACE OFFICER
WHO IS AUTHORIZED TO CARRY A FIREARM.
  5. THE DEPARTMENT IS HEREBY  AUTHORIZED  AND  DIRECTED  TO  PROMULGATE
RULES  AND  REGULATIONS  NECESSARY  TO  CARRY OUT THE PROVISIONS OF THIS
SECTION.
  S 2. This act shall take effect on the ninetieth day  after  it  shall
have  become  a  law, provided, however, that effective immediately, the
addition, amendment and/or repeal of any rule  or  regulation  necessary
for  the  implementation of this act on its effective date is authorized
to be made and completed on or before such date.

              

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04093-01-5