S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8241
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                May 5, 2025
                                ___________
 
 Introduced by M. of A. LASHER -- read once and referred to the Committee
   on Transportation
 
 AN  ACT  to amend the vehicle and traffic law, in relation to disclosing
   tariff cost estimates on automobile sales
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Short  title. This act shall be known and may be cited as
 the "tariff transparency act".
   § 2. Legislative intent. The purpose of this act is to ensure that New
 York consumers are informed about the impact of federal tariffs  on  the
 price of automobiles.
   §  3.  Section 471 of the vehicle and traffic law, as added by chapter
 521 of the laws of 1992, is amended to read as follows:
   § 471. Notice requirement. 1.  AS USED IN THIS SECTION, THE  FOLLOWING
 TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   (A) "MONRONEY LABEL" MEANS THE LABEL THAT AUTOMOBILE MANUFACTURERS ARE
 REQUIRED BY THE FEDERAL AUTOMOBILE INFORMATION DISCLOSURE ACT OF 1968 TO
 AFFIX TO THE WINDOW OF ANY NEW CAR DELIVERED TO A DEALER, WHICH INCLUDES
 PRICE INFORMATION FOR THE CAR.
   (B)  "TARIFF  COST  ESTIMATE" MEANS AN ESTIMATE OF ANY INCREASE IN THE
 PRICE OR PRICES LISTED ON THE MONRONEY LABEL RESULTING DIRECTLY OR INDI-
 RECTLY FROM TARIFFS IMPOSED BY THE FEDERAL GOVERNMENT, INCLUDING BUT NOT
 LIMITED TO, TARIFFS ON STEEL, ALUMINUM, AND  OTHER  GOODS  USED  IN  THE
 MANUFACTURING,  ASSEMBLY,  OR DISTRIBUTION OF AUTOMOBILES. SUCH ESTIMATE
 SHALL INCLUDE ALL INCREASES IN PRICE ATTRIBUTABLE TO THE TARIFFS.
   2. A dealer shall not display for sale, exchange or sell any new motor
 vehicle, or any used motor  vehicle,  that  was  originally  sold  by  a
 manufacturer  for  distribution outside the United States without promi-
 nently displaying a label on the vehicle stating that "This vehicle  was
 not  sold by the manufacturer for distribution within the United States.
 It may not have the same standard features, emissions equipment,  safety
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11859-02-5
              

 A. 8241                             2
 
 equipment, optional equipment, specifications and warranty, or otherwise
 be  identical to the other motor vehicles which are sold by the manufac-
 turer for distribution in the United States".
   3.   ANY MANUFACTURER THAT SHIPS A NEW CAR TO A DEALER IN THE STATE OF
 NEW YORK AFTER THE EFFECTIVE DATE OF THE CHAPTER  OF  THE  LAWS  OF  TWO
 THOUSAND  TWENTY-FIVE  THAT  AMENDED THIS SECTION SHALL AFFIX TO THE CAR
 WINDOW A LABEL PRESENTING THE TARIFF  COST  ESTIMATE.  THE  TARIFF  COST
 ESTIMATE  SHALL  BE PRESENTED IN A CLEAR, CONSPICUOUS, AND EASILY UNDER-
 STANDABLE MANNER TO THE CONSUMER. THIS REQUIREMENT MAY BE  SATISFIED  BY
 INCLUSION OF THE TARIFF COST ESTIMATE ON THE MONRONEY LABEL.
   [2.]  4. Any person who violates this section and any person who know-
 ingly aids and abets any such violation of this section shall be  liable
 to  any person aggrieved to the extent of any additional margin obtained
 or obtainable on such purchase and resale.
   § 4. This act shall take effect on the ninetieth day  after  it  shall
 have become a law.