Bill

Bill > A04865


NY A04865

NY A04865
Requires fire insurance for any building where bicycles with electric assist are repaired, sold, rented, or stored for repair, sale or rental; requires insurance coverage of at least one million dollars and an additional one hundred thousand dollars per tenant if tenants reside in such building.


summary

Introduced
02/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the general business law, in relation to requiring fire insurance for any building where bicycles with electric assist are repaired, sold, rented, or stored for repair, sale or rental

AI Summary

This bill requires owners of buildings where electric-assist bicycles are repaired, sold, rented, or stored to obtain fire insurance coverage of at least one million dollars, with an additional one hundred thousand dollars per tenant if residents live in the building. Starting January 1, 2026, building owners must also maintain a certificate of insurance proving their compliance. In the event of a fire-related emergency or incident, no electric-assist bicycles or their batteries and electrical systems can be stored on the premises until a qualified local government inspector determines the building meets all relevant safety laws and regulations. The bill defines "bicycle with electric assist" using existing vehicle and traffic law definitions, which typically refer to bicycles with a small electric motor that assists the rider's pedaling. The legislation aims to enhance safety and mitigate potential fire risks associated with electric bicycle storage and maintenance, particularly in multi-tenant buildings. The bill will take effect 60 days after becoming law.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

referred to consumer affairs and protection (on 02/06/2025)

bill text


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