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NY A08041
Bill
Status
4/22/2025
Primary Sponsor
Paula Kay
Click for details
AI Summary
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Requires the Department of Financial Services, in consultation with the Department of Transportation, to conduct a study on fair market value of labor rates for services covered under motor vehicle insurance policies
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Mandates a report of findings and recommendations for regulatory or legislative actions within one year of the act's effective date
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Report must be submitted to the Governor, Senate Temporary President, and Assembly Speaker
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Takes effect immediately upon passage
Legislative Description
Directs the department of financial services, in consultation with the department of transportation to conduct a study and prepare a report on the fair market value of labor rates for services covered under motor vehicle insurance policies.
Last Action
referred to ways and means
1/7/2026