New York A 6860: Directs the division of homeland security and emergency services to establish and distribute a suspicious rental activity poster

Bill Text

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A06860 Summary:

BILL NOA06860 

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SAME ASNo Same As

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SPONSORBlankenbush

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COSPNSR

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MLTSPNSR

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Add Art 81 §8101, Ins L

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Provides that the governing body of municipal corporation, may by resolution agree to join together with any municipal corporation or corporations to establish a joint insurance fund for the purpose of insuring against liability, property damage, and workers' compensation, insuring against loss or theft of moneys or securities, providing blanket bond coverage of certain county or municipal officers and employees for faithful performance and discharge of their duties under the public officers' law, insuring against bodily injury and property damage claims arising from environmental impairment liability and legal representation therefor; makes related provisions.

Go to top A06860 Actions:

BILL NOA06860 

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03/14/2025referred to insurance

01/07/2026referred to insurance

Go to topA06860 Committee&nbspVotes:

Go to topA06860 Floor&nbspVotes:

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

Go to topA06860 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6860

 2025-2026 Regular Sessions

 IN ASSEMBLY

 March 14, 2025
 ___________

 Introduced by M. of A. BLANKENBUSH -- read once and referred to the
 Committee on Insurance

 AN ACT to amend the insurance law, in relation to creating the joint
 insurance fund

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

 1 Section 1. The insurance law is amended by adding a new article 81 to
 2 read as follows:
 3 ARTICLE 81
 4 JOINT INSURANCE FUND
 5 Section 8101. Joint insurance fund.
 6 § 8101. Joint insurance fund. (a) The governing body of any municipal
 7 corporation, may by resolution agree to join together with any municipal
 8 corporation or corporations to establish a joint insurance fund for the
 9 purpose of insuring against liability, property damage, and workers'
 10 compensation, insuring against loss or theft of moneys or securities,
 11 providing blanket bond coverage of certain county or municipal officers
 12 and employees for faithful performance and discharge of their duties
 13 under the public officers law, insuring against bodily injury and prop-
 14 erty damage claims arising from environmental impairment liability and
 15 legal representation therefor to the extent that such coverages, as
 16 approved by the superintendent, are provided by the purchase of insur-
 17 ance and no risk is retained by the fund, providing contributory or
 18 non-contributory group health insurance or group term life insurance, or
 19 both, to employees or their dependents or both, through self insurance,
 20 the purchase of commercial insurance or reinsurance, or any combination
 21 thereof, and insuring against any loss from liability associated with
 22 sick leave payment for service connected disability, and may appropriate
 23 such moneys as are required therefor. The maximum risk to be retained
 24 for group term life insurance by a joint insurance fund on a self-in-

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10818-01-5

 A. 6860 2

 1 sured basis shall not exceed a face amount of five thousand dollars per
 2 covered employee or dependent or more if approved by the superintendent.
 3 (b) The governing body of any municipal corporation, may by resolution
 4 agree to join together with any other municipal corporation to establish
 5 a joint insurance fund for the sole purpose of insuring against bodily
 6 injury and property damage claims arising from environmental impairment
 7 liability and legal representation therefor to the extent and for cover-
 8 ages approved by the superintendent.
 9 § 2. This act shall take effect on the one hundred twentieth day after
 10 it shall have become a law. Effective immediately, the addition, amend-
 11 ment and/or repeal of any rule or regulation necessary for the implemen-
 12 tation of this act on its effective date are authorized to be made and
 13 completed on or before such effective date.

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