Bill > A08666

This bill requires the owner or operator of a vessel to provide proof of financial responsibility to the department before operating a vessel in the state, ensuring they can cover potential liabilities. This proof can be established through various means, including insurance, surety bonds, or by demonstrating compliance with federal oil pollution laws. The bill also introduces provisions for the expiration and renewal of this financial responsibility proof, requiring timely notification of any changes or expirations, and allows the department to revoke acceptance if the proof was obtained fraudulently or if circumstances change. Additionally, it mandates the issuance of a certificate by the department confirming that financial responsibility requirements have been met.

Agriculture and Natural Resources, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A8666