Assembly Bill A1657

2023-2024 Legislative Session

Provides for reduction in private passenger automobile insurance premiums for participation in an official police department or other anti-theft program

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Current 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

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2023-A1657 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §§2336 & 2342, Ins L
Versions Introduced in Other Legislative Sessions:
2015-2016: A3474
2017-2018: A3797
2019-2020: A4017
2021-2022: A2269

2023-A1657 (ACTIVE) - Summary

Requires that any schedule of rates or rating plan for non-commercial private passenger automobile insurance coverage submitted to the superintendent of financial services shall provide for an appropriate reduction in premium charges for any insured participating in an official police department program or other program designed to prevent or reduce motor vehicle theft.

2023-A1657 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1657
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 17, 2023
                                ___________
 
 Introduced  by M. of A. AUBRY -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law, in relation to motor  vehicle  insur-
   ance rate reductions for participation in certain anti-theft programs
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 2336 of the insurance law is amended  by  adding  a
 new subsection (i) to read as follows:
   (I)  ANY  SCHEDULE OR RATING PLAN FOR NON-COMMERCIAL PRIVATE PASSENGER
 AUTOMOBILE INSURANCE SHALL  PROVIDE  FOR  AN  APPROPRIATE  REDUCTION  IN
 PREMIUM  CHARGES  FOR COMPREHENSIVE COVERAGE WITH RESPECT TO ANY INSURED
 VEHICLE ENROLLED BY  THE  OWNER  IN  THE  "COMBAT  AUTO  THEFT  (C.A.T.)
 PROGRAM" OR ANY OTHER MOTOR VEHICLE THEFT PREVENTION PROGRAM ESTABLISHED
 PURSUANT  TO SECTION TWO HUNDRED TWENTY-THREE OF THE VEHICLE AND TRAFFIC
 LAW, IN ANY MUNICIPALITY PARTICIPATING IN SUCH PROGRAM.
   § 2. Section 2342 of the insurance law, as amended  by  section  1  of
 item  JJ  of subpart B of part XXX of chapter 58 of the laws of 2020, is
 amended to read as follows:
   § 2342. Expiration of certain provisions. The provisions of subsection
 (c) of section two thousand three hundred seven,  section  two  thousand
 three  hundred  eight,  subsection  (a)  of  section  two thousand three
 hundred ten, sections two thousand three hundred sixteen,  two  thousand
 three hundred twenty, two thousand three hundred twenty-three, two thou-
 sand  three  hundred  twenty-six, and two thousand three hundred thirty-
 five, and [subsection] SUBSECTIONS (b) AND (I) of section  two  thousand
 three  hundred thirty-six of this article shall cease to be of any force
 or effect during the period August third, two thousand one  through  the
 day  before the effective date of the property/casualty insurance avail-
 ability act, and after June thirtieth, two thousand twenty-three.
   § 3. This act shall take effect immediately, provided that  subsection
 (i)  of  section  2336  of the insurance law, as added by section one of
 this act, shall be subject to, and  shall  expire  in  accordance  with,
 section 2342 of the insurance law, as from time to time amended.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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