 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          11026
 
                   IN ASSEMBLY
 
                                     October 7, 2020
                                       ___________
 
        Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Cahill) --
          read once and referred to the Committee on Insurance
 
        AN ACT to repeal article 51 of the insurance  law,  in  relation  to  no
          fault insurance
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Article 51 of the insurance law is REPEALED.
     2    § 2. Within 60 days of the effective date of this act, the superinten-
     3  dent of financial services shall review and recommend to  the  governor,
     4  the  temporary  president of the senate, and the speaker of the assembly
     5  any other provisions of law which require amendments or repeal thereof.
     6    § 3. This act shall take effect five years after it shall have  become
     7  a  law.  Effective immediately, the addition, amendment and/or repeal of
     8  any rule or regulation necessary for the implementation of this  act  on
     9  its  effective date are authorized to be made and completed on or before
    10  such effective date.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD17402-01-0
Repeals no fault insurance

What's Happening

Why It Matters
