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NY S07881
Bill
Status
12/15/2020
Primary Sponsor
Leroy Comrie
Click for details
AI Summary
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Authorizes associations representing for-hire motor vehicles with 8+ passenger capacity to create and implement a comprehensive safety education program covering collision prevention, alcohol and drug awareness, restraint use, hazardous weather driving, and passenger safety.
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Requires associations to provide certificates to members who successfully complete the for-hire vehicle safety course.
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Directs the superintendent to approve safety programs within 60 days and provide actuarially appropriate premium rate reductions for 3-year periods upon each triennial course completion.
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Requires authorized insurers to provide actuarially appropriate premium reductions for 3 years to insured operators who submit certificates proving completion of an approved for-hire vehicle safety course.
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Takes effect immediately and applies to all policies issued, renewed, modified, altered, or amended on or after the 60th day following enactment.
Legislative Description
Authorizes an association representing motor vehicles engaged in the business of carrying or transporting passengers for-hire, having a seating capacity of not less than eight passengers, to create and implement a comprehensive educational program designed to advance for-hire motor vehicle safety and provide such training; allows for a reduction in rates of certain commercial risk insurance premiums for motor vehicles upon completion of such course; authorizes the superintendent of financial services to promulgate any necessary rules and regulations; makes related provisions.
Last Action
approval memo.51
12/15/2020