Bill Text: NY A07718 | 2013-2014 | General Assembly | Introduced


Bill Title: Prohibits motor vehicle dealers from advertising lease specials for a limited number of in stock vehicles which meet the advertised vehicle specifications.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-01-08 - referred to consumer affairs and protection [A07718 Detail]

Download: New_York-2013-A07718-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7718
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 31, 2013
                                      ___________
       Introduced  by  M.  of  A.  DenDEKKER  --  read once and referred to the
         Committee on Consumer Affairs and Protection
       AN ACT to amend the general business law,  in  relation  to  prohibiting
         motor  vehicle  dealers  from advertising lease specials for a limited
         number of in stock vehicles which meet the advertised vehicle specifi-
         cations
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The general business law is amended by adding a new section
    2  349-e to read as follows:
    3    S  349-E.  ANY ADVERTISEMENT BY A MOTOR VEHICLE DEALER ADVERTISING THE
    4  AMOUNT OF A LEASE SHALL APPLY TO ALL MOTOR VEHICLES IN STOCK AT THE TIME
    5  THE ADVERTISEMENT WAS PLACED WHICH SHALL MEET THE SPECIFICATIONS OF  THE
    6  ADVERTISED VEHICLE. SUCH ADVERTISEMENT MAY NOT BE RESTRICTED TO A LIMIT-
    7  ED  NUMBER  OF SUCH VEHICLES WHICH MEET THE SPECIFICATIONS OF THE ADVER-
    8  TISED VEHICLE.
    9    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11208-01-3
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