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Assembly Bill A7261

2013-2014 Legislative Session

Authorizes the commissioner of motor vehicles to promulgate regulations allowing a 3 year motor vehicle registration

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Archive: Last Bill Status - In Assembly Committee

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2013-A7261 (ACTIVE) - Details

Current Committee:
Assembly Transportation
Law Section:
Vehicle and Traffic Law
Laws Affected:
Amd ยง401, V & T L

2013-A7261 (ACTIVE) - Summary

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.

2013-A7261 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7261

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               May 8, 2013
                               ___________

Introduced  by  M. of A. OTIS -- read once and referred to the Committee
  on Transportation

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:

  Section 1. Subdivision 5 of section 401 of the vehicle and traffic law
is amended by adding a new paragraph d to read as follows:
  D. THE COMMISSIONER SHALL PROMULGATE RULES AND REGULATIONS  TO  ESTAB-
LISH  A  THREE YEAR MOTOR VEHICLE REGISTRATION PERIOD FOR MOTOR VEHICLES
THAT ARE LEASED FOR A THREE YEAR PERIOD WHERE THE LESSEE CAN DEMONSTRATE
SUCH THREE YEAR LEASE TO THE DEPARTMENT UPON APPLICATION FOR THE  REGIS-
TRATION.  THE  COMMISSIONER MAY SET THE THREE YEAR REGISTRATION FEE AT A
LEVEL THAT PROPORTIONALLY INCREASES  THE  CURRENT  REGISTRATION  FEE  IN
EFFECT.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08581-01-3

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