Bill Text: NY S04019 | 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: (Engrossed) 2019-06-20 - returned to senate [S04019 Detail]

Download: New_York-2019-S04019-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         4019--A
            Cal. No. 689

                               2019-2020 Regular Sessions

                    IN SENATE

                                    February 25, 2019
                                       ___________

        Introduced  by  Sen.  THOMAS -- read twice and ordered printed, and when
          printed to be committed to the Committee  on  Consumer  Protection  --
          reported  favorably  from  said committee, ordered to first and second
          report, ordered to a third reading, passed by Senate and delivered  to
          the  Assembly, recalled, vote reconsidered, restored to third reading,
          amended and ordered reprinted, retaining its place  in  the  order  of
          third reading

        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:

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01695-03-9

        S. 4019--A                          2

     1    4. There shall be no early termination liability to the lessee  if  he
     2  or she has deceased before the end of such lease.
     3    §  4.  This  act shall take effect on the ninetieth day after it shall
     4  have become a law and shall apply to all leases entered  into,  renewed,
     5  modified or amended on or after such effective date.
feedback