New York S 5482: Relates to the amount of the indemnity bond or insurance required by common carrier ambulettes and paratransit vehicles

Bill Text

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S05482 Summary:

BILL NOS05482 

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SAME ASNo Same As

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SPONSORCOMRIE

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COSPNSR

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MLTSPNSR

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Amd §370, V & T L

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Provides for a minimum indemnity bond or insurance policy of $500,000 required by certain common carrier ambulettes and paratransit vehicles.

Go to top S05482 Actions:

BILL NOS05482 

&nbsp

02/21/2025REFERRED TO TRANSPORTATION

01/07/2026REFERRED TO TRANSPORTATION

Go to topS05482 Committee&nbspVotes:

Go to topS05482 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05482 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5482

 2025-2026 Regular Sessions

 IN SENATE

 February 21, 2025
 ___________

 Introduced by Sen. COMRIE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Transportation

 AN ACT to amend the vehicle and traffic law, in relation to indemnity
 bonds or insurance policies for common carrier ambulettes and para-
 transit vehicles

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The second undesignated paragraph of subdivision 1 of
 2 section 370 of the vehicle and traffic law, as amended by section 1 of
 3 part ZZ of chapter 59 of the laws of 2021, is amended to read as
 4 follows:
 5 For damages for and incident to death or injuries to persons and inju-
 6 ry to or destruction of property: For each motorcycle and for each motor
 7 vehicle engaged in the business of carrying or transporting passengers
 8 for hire, having a seating capacity of not more than seven passengers, a
 9 bond or insurance policy with a minimum liability of twenty-five thou-
 10 sand dollars and a maximum liability of fifty thousand dollars for bodi-
 11 ly injury, and a minimum liability of fifty thousand dollars and a maxi-
 12 mum liability of one hundred thousand dollars for death and a minimum
 13 liability of ten thousand dollars for injury to or destruction of prop-
 14 erty; for each motor vehicle engaged in the business of carrying or
 15 transporting passengers for hire, having a seating capacity of not less
 16 than eight passengers, a bond or insurance policy with a combined single
 17 limit of at least one million five hundred thousand dollars for bodily
 18 injury or death to one or more persons, and because of injury to or
 19 destruction of property in any one accident; provided, further that for
 20 common carrier ambulettes, paratransit vehicles, and commuter vans that
 21 are engaged in the business of carrying or transporting passengers for
 22 hire, having a seating capacity of not less than eight passengers, a
 23 bond or insurance policy with a combined single limit of at least five
 24 hundred thousand dollars for bodily injury or death to one or more

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09747-01-5

 S. 5482 2

 1 persons, and because of injury to or destruction of property in any one
 2 accident. For the purposes of this paragraph, the term "commuter van"
 3 shall have the same meaning as such term is defined in section 19-502 of
 4 the administrative code of the city of New York.
 5 § 2. This act shall take effect immediately.

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