New York A 10553: Imposes a temporary ban on the commencement of mortgage foreclosure actions and the sale of foreclosed properties

Bill Text

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A10553 Summary:

BILL NOA10553 

&nbsp

SAME ASSAME AS S09067

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SPONSORWeprin

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COSPNSR

&nbsp

MLTSPNSR

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Amd §1693, V & T L

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Relates to financial responsibility requirements for transportation network companies in relation to uninsured motorists coverage.

Go to top A10553 Actions:

BILL NOA10553 

&nbsp

03/13/2026referred to transportation

Go to topA10553 Committee&nbspVotes:

Go to topA10553 Floor&nbspVotes:

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

Go to topA10553 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10553

 IN ASSEMBLY

 March 13, 2026
 ___________

 Introduced by M. of A. WEPRIN -- read once and referred to the Committee
 on Transportation

 AN ACT to amend the vehicle and traffic law, in relation to financial
 responsibility requirements for transportation network companies

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

 1 Section 1. Paragraph (a) of subdivision 3 of section 1693 of the vehi-
 2 cle and traffic law, as added by section 2 of part AAA of chapter 59 of
 3 the laws of 2017, is amended to read as follows:
 4 (a) The following automobile financial responsibility insurance
 5 requirements shall apply while a TNC driver is engaged in a TNC prear-
 6 ranged trip: insurance against loss from the liability imposed by law
 7 for damages, including damages for care and loss of services, because of
 8 bodily injury to or death of any person, and injury to or destruction of
 9 property arising out of the ownership, maintenance, use, or operation of
 10 a specific personal vehicle or vehicles within this state, or elsewhere
 11 in the United States in North America or Canada, subject to a limit,
 12 exclusive of interest and costs, with respect to each such occurrence,
 13 of at least one million two hundred fifty thousand dollars because of
 14 bodily injury to or death of any person, and injury to or destruction of
 15 property provided however, that such policy need not be for a period
 16 coterminous with the registration period of the personal vehicle
 17 insured, and coverage in satisfaction of the financial responsibility
 18 requirements set forth in section three thousand four hundred twenty of
 19 the insurance law, article fifty-one of the insurance law; [coverage
 20 provided in accordance with subsection (f) of section three thousand
 21 four hundred twenty of the insurance law, providing supplementary
 22 uninsured/underinsured motorist insurance for bodily injury, in the
 23 amount of one million two hundred fifty thousand dollars because of
 24 bodily injury to or death of any person in any one accident;] uninsured
 25 motorists coverage in the minimal amount and in the form provided for in
 26 subsection (f) of section three thousand four hundred twenty of the
 27 insurance law; and such other requirements or regulations that may apply
 28 for the purposes of satisfying the financial responsibility requirements
 29 with respect to the use or operation of a motor vehicle.
 30 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14551-01-6

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