Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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May 26, 2023 | print number 6303a |
May 26, 2023 | amend and recommit to consumer protection |
Apr 12, 2023 | referred to consumer protection |
senate Bill S6303A
Sponsored By
Timothy M. Kennedy
(D, WF) 63rd Senate District
Current Bill Status - In Senate Committee Consumer Protection Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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Actions
Bill Amendments
S6303 - Details
- See Assembly Version of this Bill:
- A4796
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business Law
- Laws Affected:
- Amd §396-z, Gen Bus L
- Versions Introduced in 2021-2022 Legislative Session:
-
S8530, A9343
S6303 - Sponsor Memo
BILL NUMBER: S6303 SPONSOR: KENNEDY TITLE OF BILL: An act to amend the general business law, in relation to vehicle cost recovery fees PURPOSE: OF THE BILL: Authorizes rental car companies to charge a "vehicle cost recovery fee". SUMMARY OF SPECIFIC PROVISIONS: Section 1: Amends section 396-z of the General Business Law adding a new paragraph m authorizing rental car companies to show a "vehicle cost recovery fee" to recover actual costs incurred relating to the titling, registration, inspection and plating of rental car vehicles. The fee shall be determined by an annual audit and records must be kept for five years. Section 2: Amends paragraph (a) and (b) of subdivision 10 of section
S6303 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6303 2023-2024 Regular Sessions I N S E N A T E April 12, 2023 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Consumer Protection AN ACT to amend the general business law, in relation to vehicle cost recovery fees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 396-z of the general business law is amended by adding a new paragraph (m) to read as follows: (M) "VEHICLE COST RECOVERY FEE" MEANS THE ALLOWABLE RECOVERY BY A RENTAL VEHICLE COMPANY FROM ITS RENTERS FOR THE ACTUAL COSTS INCURRED TO TITLE, REGISTER, PLATE AND INSPECT RENTAL VEHICLES IN THE STATE AND WHICH FEE SHALL BE DETERMINED INITIALLY BY A RENTAL VEHICLE COMPANY'S GOOD FAITH ESTIMATE OF THE RENTAL VEHICLE COMPANY'S DAILY CHARGE TO RECOVER ITS ACTUAL TOTAL ANNUAL MOTOR VEHICLE TITLING, REGISTRATION, PLATING AND INSPECTION COSTS, AND THEREAFTER BY AN INTERNAL AUDIT OF THE PRECEDING YEAR'S ACTUAL COSTS CONDUCTED BY THE RENTAL VEHICLE COMPANY FROM ADJUSTING THE EXPENSE LEVEL DURING A CALENDAR YEAR TO MORE CLOSELY REFLECT ACTUAL COSTS INCURRED. IF THE TOTAL AMOUNT OF THE VEHICLE COST RECOVERY FEES COLLECTED BY A RENTAL VEHICLE COMPANY UNDER THIS SECTION IN ANY CALENDAR YEAR EXCEEDS THE CAR RENTAL COMPANY'S ACTUAL COSTS TO LICENSE, TITLE, REGISTER, AND PLATE MOTOR VEHICLES AND HAVE THE SAME INSPECTED FOR THAT CALENDAR YEAR, THE CAR RENTAL COMPANY MAY RETAIN THE EXCESS AMOUNT, AND ADJUST THE ESTIMATED AVERAGE PER VEHICLE TITLING, LICENSING, PLATING, INSPECTING AND REGISTRATION CHARGE FOR THE FOLLOWING CALENDAR YEAR BY A CORRESPONDING AMOUNT. EACH SUCH AUDIT SHALL BE RETAINED FOR A PERIOD OF NOT LESS THAN FIVE YEARS, AND SHALL BE MADE AVAILABLE TO THE DEPARTMENT OF STATE, DEPARTMENT OF MOTOR VEHICLES AND ATTORNEY GENERAL UPON WRITTEN REQUEST. § 2. Paragraphs (a) and (b) of subdivision 10 of section 396-z of the general business law, as amended by chapter 109 of the laws of 2018, are amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09218-01-3
S6303A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A4796
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business Law
- Laws Affected:
- Amd §396-z, Gen Bus L
- Versions Introduced in 2021-2022 Legislative Session:
-
S8530, A9343
S6303A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6303A SPONSOR: KENNEDY TITLE OF BILL: An act to amend the general business law, in relation to vehicle cost recovery fees PURPOSE: This bill will require that industrial development agencies (IDAs) implement policies for the return of financial assistance or tax incen- tives provided to a project that is determined to show material short- falls in job creation and retention or material violations of the project agreement. It also prohibits IDAs from offering financial assistance to projects that are already in development at the time of an application. SUMMARY OF PROVISIONS: Section 1: Amends subdivision 11 of section 874 of the general municipal law to require that local industrial development agencies implement
S6303A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6303--A 2023-2024 Regular Sessions I N S E N A T E April 12, 2023 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Consumer Protection -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the general business law, in relation to vehicle cost recovery fees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 396-z of the general business law is amended by adding a new paragraph (m) to read as follows: (M) "VEHICLE COST RECOVERY FEE" MEANS THE ALLOWABLE RECOVERY, PURSUANT TO THIS SECTION, BY A RENTAL VEHICLE COMPANY FROM ITS RENTERS FOR THE ACTUAL COSTS INCURRED TO TITLE, REGISTER, PLATE AND INSPECT RENTAL VEHI- CLES IN THE STATE AND WHICH FEE SHALL BE DETERMINED INITIALLY BY A RENTAL VEHICLE COMPANY'S GOOD FAITH ESTIMATE OF THE RENTAL VEHICLE COMPANY'S DAILY CHARGE TO RECOVER ITS ACTUAL TOTAL ANNUAL MOTOR VEHICLE TITLING, REGISTRATION, PLATING AND INSPECTION COSTS, AND THEREAFTER BY AN INTERNAL AUDIT OF THE PRECEDING YEAR'S ACTUAL COSTS CONDUCTED BY THE RENTAL VEHICLE COMPANY FROM ADJUSTING THE EXPENSE LEVEL DURING A CALEN- DAR YEAR TO MORE CLOSELY REFLECT ACTUAL COSTS INCURRED. IF THE TOTAL AMOUNT OF THE VEHICLE COST RECOVERY FEES COLLECTED BY A RENTAL VEHICLE COMPANY UNDER THIS SECTION IN ANY CALENDAR YEAR EXCEEDS THE CAR RENTAL COMPANY'S ACTUAL COSTS TO LICENSE, TITLE, REGISTER, AND PLATE MOTOR VEHICLES AND HAVE THE SAME INSPECTED FOR THAT CALENDAR YEAR, THE CAR RENTAL COMPANY MAY RETAIN THE EXCESS AMOUNT, AND ADJUST THE ESTIMATED AVERAGE PER VEHICLE TITLING, LICENSING, PLATING, INSPECTING AND REGIS- TRATION CHARGE FOR THE FOLLOWING CALENDAR YEAR BY A CORRESPONDING AMOUNT. EACH SUCH AUDIT SHALL BE RETAINED FOR A PERIOD OF NOT LESS THAN FIVE YEARS, AND SHALL BE MADE AVAILABLE TO THE DEPARTMENT OF STATE, DEPARTMENT OF MOTOR VEHICLES AND ATTORNEY GENERAL UPON WRITTEN REQUEST. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09218-03-3 S. 6303--A 2
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