S10581 • 2025

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Jamaal Bailey
Last action: 2026-06-02
Official status: Senate Floor Calendar
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage to June 30, 2029.

What This Bill Does

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage to June 30, 2029.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-02 Senate
COMMITTEE DISCHARGED AND COMMITTED TO RULES
2026-06-02 Senate
ORDERED TO THIRD READING CAL.1594
2026-06-02 Senate
SUBSTITUTED BY A11366
2026-05-27 Senate
REFERRED TO INSURANCE

Official Summary Text

Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage
Extends the effectiveness of certain provisions providing for increased supplementary uninsured/underinsured motorist (SUM) insurance coverage to June 30, 2029.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          10581

                                    I N  S E N A T E

                                      May 27, 2026
                                       ___________

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

        AN ACT to amend chapter 490 of the laws of 2017 amending  the  insurance
          law relating to limits on certain supplementary insurance, in relation
          to the effectiveness thereof

          THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1. Section 2 of chapter 490 of the laws of 2017  amending  the
     2  insurance  law relating to limits on certain supplementary insurance, as
     3  amended by chapter 181 of the laws  of  2023,  is  amended  to  read  as
     4  follows:
     5    § 2. This act shall take effect on the one hundred eightieth day after
     6  it  shall  have  become a law, and shall apply to new insurance policies
     7  and contracts issued on and after such effective date and  shall  expire
     8  and be deemed repealed June 30, [2026] 2029.
     9    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15867-01-6