NY S05274 | 2017-2018 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 20 2017 - 25% progression, died in committee
Action: 2018-01-03 - REFERRED TO BANKS
Pending: Senate Banks 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.

Tracking Information

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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

DateChamberAction
2018-01-03SenateREFERRED TO BANKS
2017-03-20SenateREFERRED TO BANKS

Same As/Similar To

A04619 (Same As) 2018-01-03 - referred to consumer affairs and protection

New York State Sources


Bill Comments

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