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Sponsors
History
- Referred to insurance
- Print number 4280a
- Amend and recommit to insurance
- Referred to insurance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to transportation network companies
In Assembly Committee · Transportation · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4280A
Title of bill
An act to amend the insurance law, the vehicle and traffic law, the general municipal law and the transportation law, in relation to transportation network companies
Purpose
To establish, regulate and provide proper insurance for transportation network companies and drivers.
Summary of provisions
Sections 1 and 2 of the bill amend the insurance law by adding two new sections to authorize the issuance of automobile insurance policies to transportation network companies and transportation network company drivers on a group basis and to regulate the interaction of private passenger automobile insurance policies with insurance policies covering transportation network services.
Sections 3 through 9 of the bill amend certain existing sections of the vehicle and traffic law, the general municipal law, the transportation law, and the insurance law in order to permit the establishment and operation of transportation network companies.
Section 10 of the bill amends the vehicle and traffic law by adding a new Title X-A and article 46-A, which empowers the commissioner of motor vehicles to issue permits to transportation network companies and to regulate transportation network companies and transportation network company drivers through establishment of registration, operational, and insurance requirements. It also authorizes the commissioner of motor vehicles to take action against a transportation network company for any violations of the new article 46-A of the vehicle and traffic law.
Section 11 is the effective date.
Justification
Transportation Network Companies (TNCs) provide a digital platform that matches consumers with a community of vetted local drivers offering rides using their personal vehicles. Existing transportation options alone can no longer fully accommodate growing populations, yet 80% of the seats in personal vehicles remain empty. TNC platforms are already filling those empty seats across the country by providing additional transportation options to communities that need them most and reducing the economic burden of car ownership.
The broader benefits of ridesharing are being realized in communities where TNCs have been able to scale effectively. Ridesharing protects consumer choice, responds to unmet market demands, supplies accessible and affordable transportation options to underserved areas, provides economic opportunities, reduces drunk driving, eases traffic congestion, curbs air pollution and provides last mile solutions to commuters seeking to utilize existing transit options. TNCs are continuing to evolve to maximize these benefits with innovative options in the largest markets where they have been able to grow within the framework of reasonable regulation.
TNCs have proactively addressed safety issues by developing practices and policies that provide unprecedented transparency for both passengers and drivers. They have worked with insurers to develop
policies that provide a significantly higher level of coverage than is required or typical for-hire-vehicles in New York. These policies can help set a baseline for consumer protection while competition will continue to push standards even higher. This bill would balance the need to ensure that necessary safety standards are met by existing and emerging TNCs while enabling growth and innovation to fully realize the benefits that consumers are demanding.
Legislative history
New Bill.
Fiscal implications
None.
Effective date
This act shall take effect immediately
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.