Bill Text: NY S04351 | 2011-2012 | General Assembly | Introduced
Bill Title: Authorizes the commissioner of motor vehicles to promulgate regulations allowing a 3 year motor vehicle registration where lessees can demonstrate on the registration application that such vehicle is leased for a 3 year period.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2012-01-04 - REFERRED TO TRANSPORTATION [S04351 Detail]
Download: New_York-2011-S04351-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 4351 2011-2012 Regular Sessions I N S E N A T E March 30, 2011 ___________ Introduced by Sens. OPPENHEIMER, SAMPSON -- read twice and ordered printed, and when printed to be committed to the Committee on Trans- portation AN ACT to amend the vehicle and traffic law, in relation to permitting a three year registration period for motor vehicles leased for such three year period THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 5 of section 401 of the vehicle and traffic law 2 is amended by adding a new paragraph d to read as follows: 3 D. THE COMMISSIONER SHALL PROMULGATE RULES AND REGULATIONS TO ESTAB- 4 LISH A THREE YEAR MOTOR VEHICLE REGISTRATION PERIOD FOR MOTOR VEHICLES 5 THAT ARE LEASED FOR A THREE YEAR PERIOD WHERE THE LESSEE CAN DEMONSTRATE 6 SUCH THREE YEAR LEASE TO THE DEPARTMENT UPON APPLICATION FOR THE REGIS- 7 TRATION. THE COMMISSIONER MAY SET THE THREE YEAR REGISTRATION FEE AT A 8 LEVEL THAT PROPORTIONALLY INCREASES THE CURRENT REGISTRATION FEE IN 9 EFFECT. 10 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10118-01-1