Current through 2024 NY Law Chapter 456
Section 9110 - [Multiple versions] Motor vehicle law enforcement fee(a) Every insurance company authorized to do business in this state shall annually collect, in addition to the applicable premium charge, a motor vehicle law enforcement fee charged to each holder of a policy issued in the state or for delivery in the state for motor vehicle liability insurance coverage.(b) The annual fee is hereby imposed at the rate of ten dollars per insured motor vehicle registered pursuant to the provisions of paragraph b of subdivision one of section four hundred one of the vehicle and traffic law. Provided, however, that such fee shall be reduced by fifty percent per insured motor vehicle registered pursuant to the provisions of paragraph b of subdivision one of section four hundred one of the vehicle and traffic law where a policy issued in the state or for delivery in the state for motor vehicle liability insurance coverage is for a term of six months or less. Such fee will be paid monthly by insurance companies to the superintendent on or before the fifteenth of the month next succeeding the month in which such collections are received.(c) On or before the fifteenth day of February of each year, every insurance company required to collect a fee imposed by this section shall file with the superintendent an annual statement in a manner the superintendent shall prescribe reporting the number and type of insured motor vehicles and the aggregate fees collected during the immediately preceding year.(d) In case any such company shall neglect or refuse to make and file such statement or pay over moneys collected from the fee imposed by this section the provisions of section nine thousand one hundred nine of this article shall apply.(e) All moneys received by the superintendent which are collected from policyholders of insurance on motor vehicles shall be paid by the tenth day of the month following receipt of such collections in the following manner:(1) Each fiscal year, the first four million seven hundred thousand dollars shall be paid to the motor vehicle theft and insurance fraud prevention fund established pursuant to section eighty-nine-d of the state finance law.(2) All remaining moneys shall be paid to the state police motor vehicle law enforcement account established pursuant to section ninety-seven-mm of the state finance law.(g) The fees imposed by this section shall be applicable to motor vehicles insured under policies issued or renewed on or after July first, nineteen hundred ninety-two.