NY A05997 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 4 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to consumer affairs and protection
Pending: Assembly Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 4 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to consumer affairs and protection
Pending: Assembly Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.
Title
Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Assembly | referred to consumer affairs and protection |
| 2021-03-04 | Assembly | referred to consumer affairs and protection |
