Bill Text: NY A02078 | 2019-2020 | General Assembly | Amended


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-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         2078--A

                               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 -- committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee

        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 and shall apply to all leases entered into, renewed,
    25  modified or amended on or after such effective date.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01695-02-9
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