Assembly Actions -
Senate Actions - UPPERCASE
|Jun 09, 2023||
referred to codes
delivered to assembly
|Jun 08, 2023||
ordered to third reading cal.1829
|Jun 05, 2023||
referred to rules
Senate Bill S7553
2023-2024 Legislative Session
Current Bill Status - In Assembly Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2023-S7553 (ACTIVE) - Details
2023-S7553 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7553 SPONSOR: THOMAS TITLE OF BILL: An act to amend the general business law and the vehicle and traffic law, in relation to automobile broker businesses PURPOSE OR GENERAL IDEA OF BILL: To provide additional disclosures to consumers seeking to purchase or lease automobiles with the assistance of an automobile broker. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends subdivision 1 of section 736 of the General Business Law to clarify which types of automobile related businesses shall not be considered an automobile broker business. Section 2 amends section 736 of the General Business Law to add a new subdivision 4 defining "place of business."
2023-S7553 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7553 2023-2024 Regular Sessions I N S E N A T E June 5, 2023 ___________ Introduced by Sen. THOMAS -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the general business law and the vehicle and traffic law, in relation to automobile broker businesses THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 736 of the general business law, as amended by chapter 28 of the laws of 2018, is amended to read as follows: 1. "Automobile broker business" means any person who, for a fee, commission or other valuable consideration, regardless of whether such fee, commission, or consideration is paid directly by a consumer, offers to provide, provides, or represents that he or she will provide a service of purchasing, arranging, assisting, facilitating or effecting the purchase or lease of an automobile as agent, broker, or intermediary for a consumer. "Automobile broker business" does not include any person registered as a dealer pursuant to article sixteen of the vehicle and traffic law, ONLY WHEN OPERATING IN A MANNER PURSUANT TO SUCH REGISTRA- TION UNDER ARTICLE SIXTEEN OF THE VEHICLE AND TRAFFIC LAW, ANY PERSON REGISTERED UNDER SECTION FOUR HUNDRED FIFTEEN-A OF THE VEHICLE AND TRAF- FIC LAW, ONLY WHEN OPERATING IN A MANNER DESCRIBED IN SECTION FOUR HUNDRED FIFTEEN-A OF THE VEHICLE AND TRAFFIC LAW, AN AUTOMOBILE AUCTIO- NEER, ONLY WHEN OPERATING IN THE MANNER DESCRIBED IN SECTION TWENTY- THREE OF THIS CHAPTER, nor any bona fide employee of a registered dealer while acting for such dealer, or any person who sells, offers for sale or lease or acts as agent, broker or intermediary in effecting the purchase or lease of three or fewer automobiles in any calendar year, any national service which aggregates information for consumers, but does not otherwise have contact with consumers, or any motor vehicle franchisor, manufacturer, [or] distributor, DISTRIBUTOR BRANCH OR FACTO- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11745-01-3 S. 7553 2
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