Bill Text: NY S02079 | 2025-2026 | General Assembly | Introduced

New York Senate Bill 2079

NY State Legislature page for S02079

Introduced

Bill Title: Relates to an exemption for the city of New York from certain insurance requirements in connection with public construction contracts.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-01-15 - REFERRED TO INSURANCE [S02079 Detail]

Download: New_York-2025-S02079-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          2079

                               2025-2026 Regular Sessions

                    IN SENATE

                                    January 15, 2025
                                       ___________

        Introduced  by  Sen.  COONEY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Insurance

        AN ACT to amend the insurance law, in relation to an exemption  for  the
          city  of  New  York  from certain insurance requirements in connection
          with public construction contracts

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

     1    Section  1.  Subparagraph  (B) of paragraph   2   of subsection (a) of
     2  section 2504 of the insurance law, as amended by chapter 370 of the laws
     3  of 2024, is amended to read as follows:
     4    (B) the city of New York, a public corporation or public authority, in
     5  connection with the construction of  electrical  generating  and  trans-
     6  mission  facilities or construction, reconstruction, extensions [and] or
     7  additions of light rail or heavy rail rapid  transit  [and]  ,  commuter
     8  railroads,  bus  facilities, bridges, tunnels, central business district
     9  tolling facilities, and facilities related to or ancillary to any of the
    10  foregoing. For the purposes of this section, light rail  or  heavy  rail
    11  rapid  transit, commuter railroads, bus  facilities,  bridges,  tunnels,
    12  central  business district tolling facilities, and facilities related to
    13  or ancillary to any of the foregoing refer to projects delivered by  the
    14  metropolitan  transportation  authority  and its subsidiaries and affil-
    15  iates that are defined as  "transportation  facilities"  in  subdivision
    16  seventeen  of section twelve hundred sixty-one of the public authorities
    17  law, or "project" as defined in subdivision six of section five  hundred
    18  fifty-one of the public authorities law.
    19    § 2. This act shall take effect immediately.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03598-01-5