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Senate Bill S9560

2023-2024 Legislative Session

Relates to insurance in certain public construction contracts

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Archive: Last Bill Status - In Senate Committee Insurance Committee

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2023-S9560 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2504, Ins L
Versions Introduced in 2025-2026 Legislative Session:
S2079

2023-S9560 (ACTIVE) - Summary

Relates to an exemption for the city of New York from certain insurance requirements in connection with public construction contracts.

2023-S9560 (ACTIVE) - Sponsor Memo

2023-S9560 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9560
 
                             I N  S E N A T E
 
                               May 16, 2024
                                ___________
 
 Introduced  by  Sen.  COONEY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Insurance
 
 AN ACT to amend the insurance law, in relation to an exemption  for  the
   city  of  New  York  from certain insurance requirements in connection
   with public construction contracts
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subparagraph  (B) of paragraph   2   of subsection (a) of
 section 2504 of the insurance law, as amended by chapter 602 of the laws
 of 2023, is amended to read as follows:
   (B) the city of New York, a public corporation or public authority, in
 connection with the construction of  electrical  generating  and  trans-
 mission  facilities or construction, RECONSTRUCTION, extensions [and] OR
 additions of light rail or heavy  rail  rapid  transit  [and],  commuter
 railroads,  or,    BUS    FACILITIES, BRIDGES, TUNNELS, CENTRAL BUSINESS
 DISTRICT TOLLING FACILITIES, AND FACILITIES RELATED TO OR  ANCILLARY  TO
 ANY  OF  THE FOREGOING. FOR THE PURPOSES OF THIS SECTION, LIGHT RAIL  OR
 HEAVY  RAIL RAPID  TRANSIT, COMMUTER RAILROADS, BUS FACILITIES, BRIDGES,
 TUNNELS, CENTRAL BUSINESS DISTRICT TOLLING  FACILITIES,  AND  FACILITIES
 RELATED TO OR ANCILLARY TO ANY OF THE FOREGOING REFER TO PROJECTS DELIV-
 ERED  BY  THE METROPOLITAN TRANSPORTATION AUTHORITY AND ITS SUBSIDIARIES
 AND AFFILIATES THAT ARE DEFINED AS "TRANSPORTATION FACILITIES" IN SUBDI-
 VISION SEVENTEEN OF SECTION  TWELVE  HUNDRED  SIXTY-ONE  OF  THE  PUBLIC
 AUTHORITIES  LAW,  OR "PROJECT" AS DEFINED IN SUBDIVISION SIX OF SECTION
 FIVE HUNDRED FIFTY-ONE OF THE PUBLIC AUTHORITIES LAW.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11565-03-4

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