Bill Text: NY A01003 | 2017-2018 | General Assembly | Introduced
Bill Title: Relates to leased vehicle protections; provides that every lease shall itemize and set forth in detail all costs required to be paid by the lessee or purchaser of the rental vehicle upon termination of such lease.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-01-03 - referred to consumer affairs and protection [A01003 Detail]
Download: New_York-2017-A01003-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1003 2017-2018 Regular Sessions IN ASSEMBLY January 10, 2017 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to lease vehicle protections The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 396-z of the general business law is amended by 2 adding a new subdivision 16 to read as follows: 3 16. Every lease shall itemize and set forth in detail all costs 4 required to be paid by the lessee or purchaser of the rental vehicle 5 upon termination of such lease. 6 § 2. This act shall take effect on the thirtieth day after it shall 7 have become a law; provided, however, that subdivision 16 of section 8 396-z of the general business law, as added by section one of this act, 9 shall survive the expiration and reversion of such section as provided 10 in section 4 of chapter 656 of the laws of 2002, as amended. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05161-01-7
