Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 29, 2016 |
signed chap.342 |
Sep 20, 2016 |
delivered to governor |
Jun 17, 2016 |
returned to assembly passed senate 3rd reading cal.1442 substituted for s5485b |
Jun 16, 2016 |
referred to rules delivered to senate passed assembly ordered to third reading rules cal.444 rules report cal.444 reported |
Jun 15, 2016 |
reported referred to rules |
Jun 09, 2016 |
print number 8166a |
Jun 09, 2016 |
amend and recommit to transportation |
Jan 06, 2016 |
referred to transportation |
Jun 10, 2015 |
referred to transportation |
Assembly Bill A8166A
Signed By Governor2015-2016 Legislative Session
Sponsored By
CRESPO
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2015-A8166 - Details
- See Senate Version of this Bill:
- S5485
- Law Section:
- Vehicle and Traffic Law
- Laws Affected:
- Amd §415, V & T L
2015-A8166 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8166 2015-2016 Regular Sessions I N A S S E M B L Y June 10, 2015 ___________ Introduced by M. of A. CRESPO -- read once and referred to the Committee on Transportation AN ACT to amend the vehicle and traffic law, in relation to surety bond requirements for car dealers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraphs a and c of subdivision 6-b of section 415 of the vehicle and traffic law, as amended by chapter 7 of the laws of 2000, paragraph a as further amended by section 104 of part A of chapter 62 of the laws of 2011, are amended to read as follows: a. As a condition to obtaining a registration certificate pursuant to this section, every new motor vehicle dealer applicant and every quali- fied dealer applicant shall obtain and continue in effect a surety bond in an amount of fifty thousand dollars executed by a surety company authorized to transact business in the state by the department of finan- cial services of the state. As a condition to obtaining a registration certificate pursuant to this section, every dealer applicant, who is [applying for a registration certificate in the first instance or] NOT A NEW MOTOR VEHICLE DEALER OR A QUALIFIED MOTOR VEHICLE DEALER AND who sold [two hundred] FIFTY motor vehicles or fewer in the previous calen- dar year, shall obtain and continue in effect a surety bond in an amount of [ten] TWENTY thousand dollars executed by a surety company authorized to transact business in the state by the department of financial services of the state. As a condition of obtaining a registration certificate pursuant to this section, every dealer applicant, who IS NOT A NEW MOTOR VEHICLE DEALER OR A QUALIFIED MOTOR VEHICLE DEALER AND WHO sold more than [two hundred] FIFTY motor vehicles in the previous calen- dar year shall obtain and continue in effect a surety bond in an amount of [twenty-five] ONE HUNDRED thousand dollars executed by a surety company authorized to transact business in the state by the department of financial services of the state. The bonds shall be approved as to EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10954-08-5
2015-A8166A (ACTIVE) - Details
- See Senate Version of this Bill:
- S5485
- Law Section:
- Vehicle and Traffic Law
- Laws Affected:
- Amd §415, V & T L
2015-A8166A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8166--A 2015-2016 Regular Sessions I N A S S E M B L Y June 10, 2015 ___________ Introduced by M. of A. CRESPO -- read once and referred to the Committee on Transportation -- recommitted to the Committee on Transportation in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the vehicle and traffic law, in relation to surety bond requirements for car dealers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraphs a and c of subdivision 6-b of section 415 of the vehicle and traffic law, as amended by chapter 7 of the laws of 2000, paragraph a as further amended by section 104 of part A of chapter 62 of the laws of 2011, are amended to read as follows: a. As a condition to obtaining a registration certificate pursuant to this section, every new motor vehicle dealer applicant and every quali- fied dealer applicant shall obtain and continue in effect a surety bond in an amount of fifty thousand dollars executed by a surety company authorized to transact business in the state by the department of finan- cial services of the state. As a condition to obtaining a registration certificate pursuant to this section, every dealer applicant who is applying for a registration certificate in the first instance or who sold [two hundred] FIFTY motor vehicles or fewer in the previous calen- dar year shall obtain and continue in effect a surety bond in an amount of [ten] TWENTY thousand dollars executed by a surety company authorized to transact business in the state by the department of financial services of the state. As a condition of obtaining a registration certificate pursuant to this section, every dealer applicant who sold more than [two hundred] FIFTY motor vehicles in the previous calendar year shall obtain and continue in effect a surety bond in an amount of [twenty-five] ONE HUNDRED thousand dollars executed by a surety company authorized to transact business in the state by the department of finan- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10954-10-6
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