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A04265 Summary:

BILL NO    A04265 

SAME AS    No same as 

SPONSOR    Barclay (MS)

COSPNSR    Kolb, Giglio, McKevitt, Blankenbush, Tenney, Montesano, Walter, Oaks,

MLTSPNSR   Butler, Crouch, Curran, DiPietro, Finch, McDonough, McLaughlin,
           Palmesano, Thiele

Add SS5110 & 405-a, amd SS5102, 5103, 5108, 5106, 5303, Ins L; amd SS176.00,
176.05, 176.15, 176.20, 176.25, 176.30 & 176.35, add SS176.36, 176.66 & 176.37,
Pen L; amd S848-m, Exec L

Enacts the New York automobile insurance fraud and premium reduction act;
provides that this act is aimed at reducing insurance fraud and thus lowering
the cost of insurance premiums; provides a provision for compensation to a
person that reports insurance fraud to the authorities; further provides that
this act also increases the penalty for insurance fraud; appropriates
$3,100,000 therefor.
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