Provides that limited liability for persons held jointly liable shall not apply to parties held liable for failing to provide reasonable security or failing to provide security required by federal, state or local law, rules or regulations.

New York Assembly Bill A00345 proposes changes to the state's civil practice laws concerning joint liability. Specifically, it aims to remove limited liability protections for property owners, managers, or controllers who fail to provide reasonable security measures or do not comply with security requirements mandated by federal, state, or local laws, rules, or regulations. This means that if such parties are found liable for inadequate security, they would be fully responsible for damages, without the benefit of limited liability.

Supporters of the bill argue that it strengthens accountability for property owners and managers, ensuring they prioritize the safety and security of their premises. By eliminating limited liability in cases of security negligence, the legislation is seen as a step toward enhancing public safety and ensuring victims receive full compensation for harm suffered due to inadequate security measures.

Critics express concern that the bill could lead to increased litigation and higher insurance premiums for property owners. They argue that the removal of limited liability protections might discourage investment in properties, particularly in areas where providing comprehensive security is challenging or cost-prohibitive. Additionally, some believe that the bill could place an undue burden on property owners, especially small business owners, by holding them fully accountable for security lapses, even in situations where they have made reasonable efforts to comply with existing laws.