New York S 2079: Relates to insurance in certain public construction contracts

Bill Text

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S02079 Summary:

BILL NOS02079 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORCOONEY

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §2504, Ins L

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Relates to an exemption for the city of New York from certain insurance requirements in connection with public construction contracts.

Go to top S02079 Actions:

BILL NOS02079 

&nbsp

01/15/2025REFERRED TO INSURANCE

01/07/2026REFERRED TO INSURANCE

Go to topS02079 Committee&nbspVotes:

Go to topS02079 Floor&nbspVotes:

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

Go to topS02079 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2079

 2025-2026 Regular Sessions

 IN SENATE

 January 15, 2025
 ___________

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

 AN ACT to amend the insurance law, in relation to an exemption for the
 city of New York from certain insurance requirements in connection
 with public construction contracts

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

 1 Section 1. Subparagraph (B) of paragraph 2 of subsection (a) of
 2 section 2504 of the insurance law, as amended by chapter 370 of the laws
 3 of 2024, is amended to read as follows:
 4 (B) the city of New York, a public corporation or public authority, in
 5 connection with the construction of electrical generating and trans-
 6 mission facilities or construction, reconstruction, extensions [and] or
 7 additions of light rail or heavy rail rapid transit [and] , commuter
 8 railroads, bus facilities, bridges, tunnels, central business district
 9 tolling facilities, and facilities related to or ancillary to any of the
 10 foregoing. For the purposes of this section, light rail or heavy rail
 11 rapid transit, commuter railroads, bus facilities, bridges, tunnels,
 12 central business district tolling facilities, and facilities related to
 13 or ancillary to any of the foregoing refer to projects delivered by the
 14 metropolitan transportation authority and its subsidiaries and affil-
 15 iates that are defined as "transportation facilities" in subdivision
 16 seventeen of section twelve hundred sixty-one of the public authorities
 17 law, or "project" as defined in subdivision six of section five hundred
 18 fifty-one of the public authorities law.
 19 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03598-01-5

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