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Assembly Bill A11026

2019-2020 Legislative Session

Repeals no fault insurance

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Archive: Last Bill Status - In Assembly Committee

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2019-A11026 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Rpld Art 51, Ins L
Versions Introduced in 2021-2022 Legislative Session:
A101

2019-A11026 (ACTIVE) - Summary

Repeals no fault insurance five years after the effective date of this act; requires the superintendent of financial services to review and recommend to the governor, the temporary president of the senate, and the speaker of the assembly any other provisions of law which require amendments or repeal thereof.

2019-A11026 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11026
 
                           I N  A S S E M B L Y
 
                              October 7, 2020
                                ___________
 
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Cahill) --
   read once and referred to the Committee on Insurance
 
 AN ACT to repeal article 51 of the insurance  law,  in  relation  to  no
   fault insurance
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Article 51 of the insurance law is REPEALED.
   § 2. Within 60 days of the effective date of this act, the superinten-
 dent of financial services shall review and recommend to  the  governor,
 the  temporary  president of the senate, and the speaker of the assembly
 any other provisions of law which require amendments or repeal thereof.
   § 3. This act shall take effect five years after it shall have  become
 a  law.  Effective immediately, the addition, amendment and/or repeal of
 any rule or regulation necessary for the implementation of this  act  on
 its  effective date are authorized to be made and completed on or before
 such effective date.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD17402-01-0

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