S T A T E O F N E W Y O R K ________________________________________________________________________ 6452 2011-2012 Regular Sessions I N A S S E M B L Y March 17, 2011 ___________ Introduced by M. of A. GALEF, PAULIN, PHEFFER, SWEENEY, GIGLIO, SPANO -- Multi-Sponsored by -- M. of A. COLTON, COOK, CROUCH, DUPREY, FINCH, GABRYSZAK, JORDAN, MAGEE, MAYERSOHN, McDONOUGH, McENENY, McKEVITT, J. MILLER, MORELLE, RAIA, RUSSELL, SALADINO, THIELE -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to boating liability insurance rates 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 section 2336-b 2 to read as follows: 3 S 2336-B. BOAT LIABILITY INSURANCE RATES; PREMIUM REDUCTIONS IN 4 CERTAIN CASES. (A) ANY SCHEDULE OF RATES OR RATING PLAN FOR BOAT LIABIL- 5 ITY INSURANCE SUBMITTED TO THE SUPERINTENDENT SHALL PROVIDE FOR AN ACTU- 6 ARIALLY APPROPRIATE REDUCTION IN PREMIUM CHARGES FOR ANY INSURED WHO HAS 7 SUCCESSFULLY COMPLETED A BOAT SAFETY COURSE WHICH HAS BEEN APPROVED BY 8 THE COMMISSIONER OF PARKS, RECREATION AND HISTORIC PRESERVATION. THE 9 PROVISIONS OF THIS SECTION SHALL NOT APPLY TO ATTENDANCE AT A COURSE 10 PURSUANT TO SECTIONS FORTY-FIVE OR FORTY-NINE OF THE NAVIGATION LAW AS A 11 RESULT OF ANY BOATING INFRACTION. 12 (B) FOR THE PURPOSES OF THIS SECTION THE TERM BOAT SHALL MEAN ANY 13 RESIDENTIAL OR PLEASURE VESSEL THAT IS NOT A CREW RACING SHELL AS 14 DEFINED IN SECTION TWO OF THE NAVIGATION LAW. 15 S 2. This act shall take effect immediately and shall apply to all 16 policies and contracts issued, renewed, modified or altered on and after 17 such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09934-01-1