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NY A03314
Bill
Status
Introduced
2/2/2023
Primary Sponsor
Jeffrey Dinowitz
Click for details
AI Summary
- Requires all firearm, rifle, and shotgun owners in New York to obtain and maintain liability insurance prior to ownership and license issuance, covering damages from negligent use.
- Assigns the superintendent of financial services authority to determine insurance amounts and promulgate regulations setting forth requirements, terms, and coverage.
- Establishes violations for failure to maintain insurance as a violation punishable by fines of $150 to $1,500 and immediate revocation of registration, license, and firearm ownership privileges.
- Exempts peace officers, police officers, and active military members authorized to carry firearms from the insurance requirement.
- Provides a 90-day compliance period for current firearm owners after the superintendent issues regulations, with the act taking effect 90 days after enactment.
Legislative Description
Requires liability insurance for owners of firearms, rifles and shotguns.
Last Action
referred to insurance
1/3/2024
Committee Referrals
Insurance2/2/2023
Full Bill Text
No bill text available