Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 21, 2018 |
referred to insurance delivered to assembly passed senate |
Jan 29, 2018 |
advanced to third reading |
Jan 23, 2018 |
2nd report cal. |
Jan 22, 2018 |
1st report cal.229 |
Jan 03, 2018 |
referred to insurance returned to senate died in assembly |
Jun 15, 2017 |
referred to insurance delivered to assembly passed senate |
Jun 14, 2017 |
ordered to third reading cal.1652 committee discharged and committed to rules |
May 03, 2017 |
referred to insurance |
Senate Bill S5847
2017-2018 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status - In Assembly Committee
- 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
co-Sponsors
(D) 32nd Senate District
2017-S5847 (ACTIVE) - Details
2017-S5847 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5847 TITLE OF BILL : An act to amend the insurance law, in relation to expanding the availability of meaningful service contracts to protect New Yorkers leasing automobiles for their personal use from unanticipated "lease-end" charges related to excess use or wear and tear of the leased vehicle PURPOSE : This bill will allow New York State registered service contract providers to issue service contracts that include meaningful protection from unanticipated charges at lease-end related to excess use or wear and tear of a leased vehicle. SUMMARY OF PROVISIONS : Section 1 of the bill amends the definition of a "service contract" in Insurance Law § 7902(k). Specifically, Section 1 of the bill clarifies that, for automobiles leased for personal use, a service contract includes a contracts to perform the repair, replacement or maintenance of the vehicle (or to provide indemnification for such) due to excess wear and use or damage to items such as tires, paint cracks or chips, interior stains, rips or scratches, exterior dents or scratches, windshield cracks or chips, missing interior or exterior parts that result in a lease-end charge. The lease end charge may not be
2017-S5847 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5847 2017-2018 Regular Sessions I N S E N A T E May 3, 2017 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to expanding the avail- ability of meaningful service contracts to protect New Yorkers leasing automobiles for their personal use from unanticipated "lease-end" charges related to excess use or wear and tear of the leased vehicle THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (k) of section 7902 of the insurance law, as amended by chapter 409 of the laws of 2012, is amended to read as follows: (k) "Service contract" means a contract or agreement, for a separate or additional consideration, for a specific duration to perform the repair, replacement or maintenance of property, or indemnification for repair, replacement or maintenance, due to a defect in materials or workmanship or wear and tear, with or without additional provision for indemnity payments for incidental damages, provided any such indemnity payment per incident shall not exceed the purchase price of the property serviced. Service contracts may include towing, rental and emergency road service, and may also provide for the repair, replacement or main- tenance of property for damage resulting from power surges and acci- dental damage from handling. Service contracts may also include contracts to repair, replace or maintain residential appliances and systems. Such term shall also mean a contract or agreement made (1) by or for the manufacturer or seller of a motor vehicle tire for repair or replacement of the tire or wheel as the result of damage arising from a road hazard, (2) by or for the supplier or seller of a service for repair of chips or cracks in a motor vehicle windshield, but not includ- ing services that involve the replacement of the entire windshield, and (3) by or for the supplier or seller of a service for repair or removal of dents, dings or creases from a motor vehicle without affecting the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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