Requires public vessels which carry passengers to be covered by insurance or a surety bond covering injury or death to the passengers

This bill requires public vessels operating on New York state waters and certified to carry passengers (like ferries or tour boats) to maintain either insurance or a surety bond covering passenger injuries or deaths. Specifically, it mandates at least $1 million in coverage per incident for negligence-related harm, with proof of this coverage required during inspections. Vessel operators must display this proof upon request, and failure to comply is a misdemeanor punishable by law. The requirement applies to all such vessels except those on waters under U.S. federal control.