NY A07985 | 2015-2016 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 3 2015 - 25% progression, died in committee
Action: 2016-01-06 - referred to transportation
Pending: Assembly Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on June 3 2015 - 25% progression, died in committee
Action: 2016-01-06 - referred to transportation
Pending: Assembly Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires motor vehicle dealers to disclose price markups to the purchasers of motor vehicles; provides failure to so disclose shall be grounds for revocation of the dealer's registration and imposes civil liability to purchasers for damages; authorizes the financial frauds and consumer protection unit of the department of financial services to study problematic practices in the price markups of motor vehicle dealers.
Title
Requires motor vehicle dealers to disclose price markups to the purchasers of motor vehicles; provides failure to so disclose shall be grounds for revocation of the dealer's registration and imposes civil liability to purchasers for damages; authorizes the financial frauds and consumer protection unit of the department of financial services to study problematic practices in the price markups of motor vehicle dealers.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-06 | Assembly | referred to transportation |
| 2015-06-03 | Assembly | referred to transportation |
Same As/Similar To
S05491 (Same As) 2016-01-06 - REFERRED TO TRANSPORTATION
