S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2260
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 17, 2017
                                ___________
 
 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:
   §  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.
   § 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.
                                                            LBD07324-02-7