S T A T E O F N E W Y O R K
________________________________________________________________________
5612
2009-2010 Regular Sessions
I N S E N A T E
May 21, 2009
___________
Introduced by Sen. KLEIN -- read twice and ordered printed, and when
printed to be committed to the Committee on Consumer Protection
AN ACT to amend the general business law, in relation to collision
damage waiver caps
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (a) of subdivision 2 of section 396-z of the
general business law, as amended by chapter 731 of the laws of 2006, is
amended to read as follows:
(a) A rental vehicle company shall not charge more than [nine] TWELVE
dollars per full or partial twenty-four hour rental day for optional
vehicle protection if the manufacturer's suggested retail price of the
rental vehicle is not greater than thirty thousand dollars. A rental
vehicle company shall not charge more than [twelve] FIFTEEN dollars per
full or partial twenty-four hour rental day for optional vehicle
protection if the manufacturer's suggested retail price of the rental
vehicle is greater than thirty thousand dollars.
S 2. This act shall take effect immediately; provided, however, that
the amendments to section 396-z of the general business law made by
section one of this act shall not affect the expiration and reversion of
such section and shall expire therewith.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11422-01-9