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Senate Bill S5482

2025-2026 Legislative Session

Relates to the amount of the indemnity bond or insurance required by common carrier ambulettes and paratransit vehicles

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Current Bill Status - In Senate Committee Transportation Committee

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2025-S5482 (ACTIVE) - Details

Current Committee:
Senate Transportation
Law Section:
Vehicle and Traffic Law
Laws Affected:
Amd §370, V & T L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8335
2021-2022: S6245
2023-2024: S409

2025-S5482 (ACTIVE) - Summary

Provides for a minimum indemnity bond or insurance policy of $500,000 required by certain common carrier ambulettes and paratransit vehicles.

2025-S5482 (ACTIVE) - Sponsor Memo

2025-S5482 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5482
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             February 21, 2025
                                ___________
 
 Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
   printed to be committed to the Committee on Transportation
 
 AN ACT to amend the vehicle and traffic law, in  relation  to  indemnity
   bonds  or  insurance  policies for common carrier ambulettes and para-
   transit vehicles

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  second  undesignated  paragraph  of subdivision 1 of
 section 370 of the vehicle and traffic law, as amended by section  1  of
 part  ZZ  of  chapter  59  of  the  laws  of 2021, is amended to read as
 follows:
   For damages for and incident to death or injuries to persons and inju-
 ry to or destruction of property: For each motorcycle and for each motor
 vehicle engaged in the business of carrying or  transporting  passengers
 for hire, having a seating capacity of not more than seven passengers, a
 bond  or  insurance policy with a minimum liability of twenty-five thou-
 sand dollars and a maximum liability of fifty thousand dollars for bodi-
 ly injury, and a minimum liability of fifty thousand dollars and a maxi-
 mum liability of one hundred thousand dollars for death  and  a  minimum
 liability  of ten thousand dollars for injury to or destruction of prop-
 erty; for each motor vehicle engaged in  the  business  of  carrying  or
 transporting  passengers for hire, having a seating capacity of not less
 than eight passengers, a bond or insurance policy with a combined single
 limit of at least one million five hundred thousand dollars  for  bodily
 injury  or  death  to  one  or more persons, and because of injury to or
 destruction of property in any one accident; provided, further that  for
 COMMON  CARRIER AMBULETTES, PARATRANSIT VEHICLES, AND commuter vans that
 are engaged in the business of carrying or transporting  passengers  for
 hire,  having  a  seating  capacity of not less than eight passengers, a
 bond or insurance policy with a combined single limit of at  least  five
 hundred  thousand  dollars  for  bodily  injury  or death to one or more
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09747-01-5

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