New York A 114: Authorizes all school districts to establish insurance reserve funds

Bill Text

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A00114 Summary:

BILL NOA00114 

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SAME ASSAME AS S03352

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SPONSORBerger

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COSPNSRWeprin, Blankenbush, McDonald, Tapia, Kay, Cunningham, McMahon, Hevesi, Conrad, Carroll P, Wieder,
 Woerner, Griffin, Stern, Dinowitz, Rozic, Kassay, Lucas, Davila, Burroughs, Buttenschon, Jacobson,
 Zaccaro, Cruz, Manktelow, Hooks

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MLTSPNSR

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Amd §3458, Ins L; amd §313, V & T L

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Allows for certain notices related to property/casualty insurance contracts under the vehicle and traffic law to be delivered by electronic means.

Go to top A00114 Actions:

BILL NOA00114 

&nbsp

01/08/2025referred to insurance

01/07/2026referred to insurance

Go to topA00114 Committee&nbspVotes:

Go to topA00114 Floor&nbspVotes:

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

Go to topA00114 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 114

 2025-2026 Regular Sessions

 IN ASSEMBLY

 (Prefiled)

 January 8, 2025
 ___________

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

 AN ACT to amend the insurance law and the vehicle and traffic law, in
 relation to electronic delivery of notices

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

 1 Section 1. Subsection (b) of section 3458 of the insurance law, as
 2 amended by chapter 161 of the laws of 2022, is amended to read as
 3 follows:
 4 (b) Subject to the requirements of this section, any notice to a party
 5 or any other document required under this chapter, paragraph (c) of
 6 subdivision one of section three hundred thirteen of the vehicle and
 7 traffic law in a property/casualty insurance transaction or that is to
 8 serve as evidence of property/casualty insurance coverage may be deliv-
 9 ered by electronic means so long as it meets the requirements of article
 10 three of the state technology law. Where this chapter requires that
 11 notice be mailed or delivered to an address shown in the policy, the
 12 notice may be delivered by electronic means to an electronic address not
 13 specified in the policy.
 14 § 2. Subdivision 1 of section 313 of the vehicle and traffic law is
 15 amended by adding a new paragraph (c) to read as follows:
 16 (c) An electronic notice that complies with section three thousand
 17 four hundred fifty-eight of the insurance law shall be sufficient for
 18 the purposes of this section.
 19 § 3. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00817-01-5

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