Bill Text: NY A02574 | 2015-2016 | General Assembly | Introduced

New York Assembly Bill 2574 (Prior Session Legislation)

Introduced

Bill Title: Permits registrants of stolen motor vehicles, motorcycles or trailers to credit the unused portion of the requisite registration fee against any subsequent registration fees for other vehicles owned by the registrant.

Spectrum: Moderate Partisan Bill (Democrat 7-1)

Status: (Introduced - Dead) 2016-01-06 - referred to transportation [A02574 Detail]

Download: New_York-2015-A02574-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2574
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 20, 2015
                                      ___________
       Introduced  by  M.  of A. BRENNAN, ORTIZ, COLTON, LUPARDO -- Multi-Spon-
         sored by -- M. of A.  ABBATE, GALEF, HOOPER, LOPEZ --  read  once  and
         referred to the Committee on Transportation
       AN  ACT to amend the vehicle and traffic law, in relation to authorizing
         the proration of registration fees for stolen motor vehicles, motorcy-
         cles or trailers
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section  420 of the vehicle and traffic law is amended by
    2  adding a new subdivision 9 to read as follows:
    3    9. THE COMMISSIONER SHALL, UPON SUBMISSION OF  WRITTEN  EVIDENCE  FROM
    4  THE  OWNER  OF  A  REGISTERED MOTOR VEHICLE, MOTORCYCLE OR TRAILER, THAT
    5  SUCH VEHICLE WAS REPORTED STOLEN  TO  THE  APPROPRIATE  LAW  ENFORCEMENT
    6  AGENCY AND/OR THE OWNER'S AUTOMOBILE INSURANCE COMPANY, AND UPON PAYMENT
    7  OF  A  TRANSFER  FEE OF SEVEN DOLLARS AND SEVENTY-FIVE CENTS, CREDIT THE
    8  UNUSED PORTION OF THE REGISTRATION FEE PAID FOR SUCH VEHICLE AGAINST ANY
    9  SUBSEQUENT REGISTRATION FEE WHICH BECOMES DUE FOR ANOTHER MOTOR VEHICLE,
   10  MOTORCYCLE OR TRAILER OWNED BY THE REGISTRANT. THE AMOUNT OF SUCH CREDIT
   11  SHALL BE COMPUTED BY APPORTIONING THE REGISTRATION FEE  FOR  REGISTERING
   12  THE  STOLEN VEHICLE BETWEEN THE NUMBER OF MONTHS FOR WHICH THE REGISTRA-
   13  TION FEE WAS PAID WITH THE NUMBER OF MONTHS REMAINING AT THE  TIME  SUCH
   14  VEHICLE  WAS  STOLEN.  WHENEVER THE AMOUNT OF THE CREDIT AS PROVIDED FOR
   15  HEREIN SHALL AMOUNT TO OTHER THAN A  WHOLE  DOLLAR  AMOUNT,  THE  CREDIT
   16  SHALL BE ROUNDED TO THE NEAREST TWENTY-FIVE CENTS.
   17    S  2.  This  act  shall  take  effect  on  the first of September next
   18  succeeding the date on which it shall have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD01268-01-5