S T A T E O F N E W Y O R K
________________________________________________________________________
5676
2025-2026 Regular Sessions
I N A S S E M B L Y
February 19, 2025
___________
Introduced by M. of A. RAJKUMAR -- read once and referred to the Commit-
tee on Corporations, Authorities and Commissions
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 370 of the laws
of 2024, 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, 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 DELIVERED BY THE
METROPOLITAN TRANSPORTATION AUTHORITY AND ITS SUBSIDIARIES AND AFFIL-
IATES THAT ARE DEFINED AS "TRANSPORTATION FACILITIES" IN SUBDIVISION
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.
LBD03598-02-5
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