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NY A11026

Bill

Official Source

Status

Introduced

10/7/2020

Primary Sponsor

Kevin Cahill

Click for details

Origin

Assembly

2019-2020 General Assembly

AI Summary

  • Repeals Article 51 of the Insurance Law relating to no-fault insurance
  • Takes effect five years after the bill becomes law
  • Requires the Superintendent of Financial Services to review and recommend within 60 days of enactment any other provisions of law requiring amendments or repeal related to the repeal of no-fault insurance
  • Authorizes the Superintendent to make necessary rule and regulation changes to implement the repeal before its effective date

Legislative Description

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.

Last Action

referred to insurance

10/7/2020

Committee Referrals

Insurance10/7/2020

Full Bill Text

No bill text available