New York S 10581: Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage

Bill Text

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S10581 Summary:

BILL NOS10581 

&nbsp

SAME ASSAME AS A11366

&nbsp

SPONSORBAILEY

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §2, Chap 490 of 2017

&nbsp

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage to June 30, 2029.

Go to top S10581 Actions:

BILL NOS10581 

&nbsp

05/27/2026REFERRED TO INSURANCE

06/02/2026COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/02/2026ORDERED TO THIRD READING CAL.1594

06/02/2026SUBSTITUTED BY A11366

&nbspA11366 AMEND= Rules (Taylor)

&nbsp05/14/2026referred to insurance

&nbsp05/20/2026reported referred to rules

&nbsp05/21/2026reported 

&nbsp05/21/2026rules report cal.198

&nbsp05/21/2026ordered to third reading rules cal.198

&nbsp05/28/2026passed assembly

&nbsp05/28/2026delivered to senate

&nbsp05/28/2026REFERRED TO INSURANCE

&nbsp06/02/2026SUBSTITUTED FOR S10581

&nbsp06/02/20263RD READING CAL.1594

&nbsp06/02/2026PASSED SENATE

&nbsp06/02/2026RETURNED TO ASSEMBLY

&nbsp06/18/2026delivered to governor

&nbsp06/26/2026signed chap.149

Go to topS10581 Committee&nbspVotes:

Go to topS10581 Floor&nbspVotes:

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

Go to topS10581 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10581

 IN SENATE

 May 27, 2026
 ___________

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

 AN ACT to amend chapter 490 of the laws of 2017 amending the insurance
 law relating to limits on certain supplementary insurance, in relation
 to the effectiveness thereof

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

 1 Section 1. Section 2 of chapter 490 of the laws of 2017 amending the
 2 insurance law relating to limits on certain supplementary insurance, as
 3 amended by chapter 181 of the laws of 2023, is amended to read as
 4 follows:
 5 § 2. This act shall take effect on the one hundred eightieth day after
 6 it shall have become a law, and shall apply to new insurance policies
 7 and contracts issued on and after such effective date and shall expire
 8 and be deemed repealed June 30, [2026] 2029.
 9 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15867-01-6

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