Capital Tonight State of Politics: Moya, Building Trades Push Scaffold Sunshine Law
Queens Democratic Assemblyman Francisco Moya, along with affordable housing advocates the Building and Construction Trades Council on Monday pushed a bill that would add new requirements for insurance providers that operate under the state’s Scaffold Law.
The measure — deemed “The Sunshine Bill” by supporters would require insurance companies to file annual financial disclosure statements and claims with the Department of Financial Services, which regulates banking and insurance in New York.
The bill seems aimed at the ongoing dispute over the cost of the Scaffold Law — which business groups contend is onerous — but supported by labor groups as well as the state’s powerful trial lawyers lobby.
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