Home/Bills/S 8350New York · 2025–2026 Legislative Session
Senate BillIntroduced

S 8350: Directs 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.

New York · Senate · 2025–2026 Legislative Session · last verified January 9, 2026

What S 8350 does, verified January 9, 2026

The state of New York is directing the Department of Financial Services to conduct a study on the fair market value of labor rates for services covered under motor vehicle insurance policies. The study should be conducted in consultation with the Department of Transportation. The department must issue a report with the study's findings and recommendations for regulatory or legislative actions within one year of the bill's effective date. The report will be submitted to the Governor, the Temporary President of the Senate, and the Speaker of the Assembly. The bill takes effect immediately.

Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO INSURANCE (2026-01-07)Alert me
Quick answers about S 8350
What is the current status of S 8350?
As of January 9, 2026, S 8350 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO INSURANCE".
Did S 8350 pass?
Not yet. S 8350 has been introduced and has not passed either house.
Who wrote S 8350, and where is it now?
S 8350 was authored by Sen. Joseph Addabbo. Its committee of record is Senate Insurance.
Recent actions2 total · showing 2
Jan. 07, 2026REFERRED TO INSURANCE
Jun. 04, 2025REFERRED TO RULES
Latest bill textIntroduced version, June 4, 2025 · 224 words
  
  STATE OF NEW YORK ________________________________________________________________________ 8350 2025-2026 Regular Sessions  IN SENATE June 4, 2025 ___________ Introduced by Sen. ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT directing the department of financial services to conduct a study on the fair market value of labor rates for services covered under motor vehicle insurance policies The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The department of financial services, in consultation with 2 the department of transportation shall conduct a study and prepare a 3 report on the fair market value of labor rates for services covered 4 under motor vehicle insurance policies. 5 § 2. Within one year of the effective date of this act, the department 6 of financial services, in consultation with the department of transpor- 7 tation shall issue a report of the findings of the study along with 8 recommendations for any appropriate regulatory or legislative actions to 9 the governor, the temporary president of the senate and the speaker of 10 the assembly. 11 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11619-01-5 
Text of S 8350 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions
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