 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           101
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 6, 2021
                                       ___________
 
        Introduced by 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 Article 51 of the insurance law is REPEALED.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.
                                                                   LBD01708-01-1
Repeals no fault insurance

What's Happening

Why It Matters
