Bill Text: NY A02078 | 2019-2020 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Requires that a retail lessee shall not be liable for charges for the early termination of a retail lease agreement of a motor vehicle if he or she has deceased before the end of such lease.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-09-05 - SIGNED CHAP.246 [A02078 Detail]
Download: New_York-2019-A02078-Introduced.html
Bill Title: Requires that a retail lessee shall not be liable for charges for the early termination of a retail lease agreement of a motor vehicle if he or she has deceased before the end of such lease.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-09-05 - SIGNED CHAP.246 [A02078 Detail]
Download: New_York-2019-A02078-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2078 2019-2020 Regular Sessions IN ASSEMBLY January 22, 2019 ___________ Introduced by M. of A. GUNTHER -- read once and referred to the Commit- tee on Consumer Affairs and Protection AN ACT to amend the general business law and the personal property law, in relation to early termination of motor vehicle lease contracts The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 399-zzzz of the general business 2 law, as added by chapter 331 of the laws of 2016, is amended to read as 3 follows: 4 1. Subject to federal law and regulation[,]: 5 a. no provider of telephone, cellular telephone, television, internet, 6 energy, or water services shall impose a fee for termination or early 7 cancellation of a service contract in the event the customer has 8 deceased before the end of such contract; and 9 b. a retail lessee, as defined in section three hundred thirty-one of 10 the personal property law, shall not be liable for charges for the early 11 termination of a retail lease agreement of a motor vehicle if he or she 12 has deceased before the end of such lease. 13 § 2. Paragraphs (i), (j) and (k) of subdivision 5 of section 337 of 14 the personal property law are relettered paragraphs (j), (k) and (l) and 15 a new paragraph (i) is added to read as follows: 16 (i) A statement in at least eight-point bold type stating that the 17 lessee shall not be liable for an early termination fee if he or she has 18 deceased before the end of the lease; 19 § 3. Section 341 of the personal property law is amended by adding a 20 new subdivision 4 to read as follows: 21 4. There shall be no early termination liability to the lessee if he 22 or she has deceased before the end of such lease. 23 § 4. This act shall take effect on the ninetieth day after it shall 24 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01695-01-9