Assembly Bill A9081

2019-2020 Legislative Session

Relates to lease-end charges

download bill text pdf

Sponsored By

Archive: Last Bill Status - On Floor Calendar

  • 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

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2019-A9081 (ACTIVE) - Details

See Senate Version of this Bill:
S6953
Law Section:
Insurance Law
Laws Affected:
Amd §7902, Ins L (as proposed in S.3631 & A.268)

2019-A9081 (ACTIVE) - Summary

Relates to "lease-end" charges.

2019-A9081 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9081
 
                           I N  A S S E M B L Y
 
                             January 16, 2020
                                ___________
 
 Introduced by M. of A. CAHILL -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law, in relation to "lease-end" charges
 
   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  a  chapter  of the laws of 2019, amending the insurance law
 relating 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, as proposed in legislative bills numbers S.  3631
 and A. 268, 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
 existing paint finish using paintless dent repair  techniques,  but  not
 including  services that involve the replacement of vehicle body panels,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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