senate Bill S6953

2019-2020 Legislative Session

Relates to lease-end charges

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 15, 2020 referred to insurance
delivered to assembly
passed senate
Jan 09, 2020 ordered to third reading cal.32
Jan 08, 2020 referred to rules
Jan 06, 2020 referred to rules

S6953 (ACTIVE) - Details

See Assembly Version of this Bill:
A9081
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §7902, Ins L (as proposed in S.3631 & A.268)

S6953 (ACTIVE) - Summary

Relates to "lease-end" charges.

S6953 (ACTIVE) - Sponsor Memo

S6953 (ACTIVE) - Bill Text download pdf


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

                                  6953

                            I N  S E N A T E

                             January 6, 2020
                               ___________

Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

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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