NY S02258 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 23 2019 - 25% progression
Action: 2019-01-23 - REFERRED TO TRANSPORTATION
Pending: Senate 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.

Tracking Information

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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

DateChamberAction
2019-01-23SenateREFERRED TO TRANSPORTATION

Same As/Similar To

A03898 (Same As) 2019-01-31 - referred to transportation

New York State Sources


Bill Comments

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