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NY A02892
Bill
Status
1/31/2023
Primary Sponsor
Alex Bores
Click for details
AI Summary
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Changes the effective date of the 2022 supplemental spousal liability insurance law from January 1st to August 1st following enactment, applying to policies issued, renewed, or modified on or after that date.
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Adds an expiration date of July 31, 2027 for the supplemental spousal liability insurance provisions, after which they are automatically repealed.
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Authorizes insurance regulators to add, amend, or repeal rules and regulations necessary to implement the law on or before its effective date.
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Makes the bill itself effective immediately upon enactment.
Legislative Description
Amends the effectiveness of a chapter of the laws of 2022 amending the insurance law relating to the provision of supplemental spousal liability insurance to persons who are insured for loss resulting from the ownership, maintenance and use of a motor vehicle.
Last Action
substituted by s833
3/9/2023