New York S08350 mandates the Department of Financial Services, in collaboration with the Department of Transportation, to study and report on the.
New York S08350 requires the Department of Financial Services, in consultation with the Department of Transportation, to conduct a study and prepare a report on the fair market value of labor rates for services covered under motor vehicle insurance policies. Within one year of the act's effective date, the Department of Financial Services must issue a report of the study's findings and recommendations for any appropriate regulatory or legislative actions to the governor, the temporary president of the senate, and the speaker of the assembly. The act takes effect immediately.
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- Critical Issues
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