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S09298 Summary:

BILL NOS09298
 
SAME ASSAME AS A10528
 
SPONSORBAILEY
 
COSPNSRCOONEY
 
MLTSPNSR
 
Amd §311, V & T L
 
Requires rental vehicle companies provide for additional liability insurance on rental vehicles and have such insurance be primary during each rental period.
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S09298 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9298
 
                    IN SENATE
 
                                    February 26, 2026
                                       ___________
 
        Introduced  by  Sen.  BAILEY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Transportation
 
        AN ACT to amend the vehicle and traffic law, in  relation  to  requiring
          rental vehicle companies provide for additional liability insurance on
          rental vehicles
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 4 of section 311 of the vehicle and traffic law
     2  is amended by adding a new paragraph (a-1) to read as follows:
     3    (a-1) In the case of the owner being  a  rental  vehicle  company,  as
     4  defined  in  section  three hundred ninety-six-z of the general business
     5  law, the owner shall provide for the rental vehicle no less  than  three
     6  times  the amount of financial responsibility described in paragraph (a)
     7  of this subdivision. A  rental  vehicle  company's  liability  insurance
     8  policy,  or any other instrument used to satisfy the financial responsi-
     9  bility requirements of paragraph  (a)  of  this  subdivision,  shall  be
    10  primary during each rental period; and
    11    § 2. This act shall take effect on the one hundred eightieth day after
    12  it  shall have become a law. Effective immediately, the addition, amend-
    13  ment and/or repeal of any rule or regulation necessary for the implemen-
    14  tation of this act on its effective date are authorized to be  made  and
    15  completed on or before such effective date.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15025-01-6
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