Assembly Bill A8851

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8851
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 9, 2025
                                ___________
 
 Introduced  by M. of A. ROZIC -- read once and referred to the Committee
   on Consumer Affairs and Protection
 
 AN ACT to amend the general business law, in relation to certain  rental
   vehicle  protections;  and  to  amend  chapter 109 of the laws of 2018
   amending the general business law relating to certain  rental  vehicle
   protections, in relation to the effectiveness thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  Paragraphs (c) and (i) of subdivision 1 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:
   (c) "Rental vehicle company" means any person or organization, or  any
 subsidiary  or  affiliate,  including  a  franchisee, in the business of
 providing [rental] vehicles to the public WITHOUT A DRIVER  PURSUANT  TO
 AN AGREEMENT from locations in this state.
   (i)  "Concession  agreement"  means  an  agreement,  permit or license
 entered into between an airport operator or  its  governing  entity  and
 rental  vehicle  company  setting  forth  the terms and conditions under
 which the rental vehicle company may transact  its  rental  business  at
 such  airport.  EVERY AIRPORT IN THE STATE THAT RECEIVES ANY STATE FUNDS
 SHALL ENSURE THAT ALL RENTAL VEHICLE COMPANIES OPERATE WITH A CONCESSION
 AGREEMENT.
   § 2. Paragraph (a) of subdivision 2 of  section 396-z of  the  general
 business  law, as amended by chapter 109 of the laws of 2018, is amended
 to read as follows:
   (a) A rental vehicle company shall not charge more than the  following
 amounts  per  full  or  partial twenty-four hour rental day for optional
 vehicle protection:
   (i) nine dollars if the manufacturer's suggested retail price  of  the
 rental vehicle is not greater than twenty thousand dollars;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13331-01-5
 A. 8851                             2
              

 
   (ii)  twelve  dollars  if the manufacturer's suggested retail price of
 the rental vehicle is greater  than  twenty  thousand  dollars  but  not
 greater than thirty-five thousand dollars;
   (iii)  fifteen dollars if the manufacturer's suggested retail price of
 the rental vehicle is greater than thirty-five thousand dollars but  not
 greater than fifty thousand dollars; and
   (iv)  the  amount that may be charged for a vehicle with a manufactur-
 er's suggested value of greater than fifty thousand dollars shall not be
 subject to a maximum dollar amount but shall  be  subject  to  the  fair
 market value as determined by the rental vehicle company.
   (V)  STARTING JANUARY FIRST, TWO THOUSAND TWENTY-SIX, AND EACH JANUARY
 THEREAFTER, THE RATE CAPS SET FORTH IN SUBPARAGRAPHS (I), (II) AND (III)
 OF THIS PARAGRAPH SHALL BE  INCREASED  BASED  ON  THE  INCREASE  IN  THE
 CONSUMER  PRICE  INDEX FOR ALL URBAN CONSUMERS (CPI-U) OVER THE PREVIOUS
 YEAR AS REPORTED BY THE UNITED STATES BUREAU OF LABOR STATISTICS.
   § 3. Subdivision (a) of section 4 of chapter 109 of the laws  of  2018
 amending  the  general  business  law relating to certain rental vehicle
 protections, as amended by chapter 163 of the laws of 2023,  is  amended
 to read as follows:
   (a)  section  one  of  this act shall take effect on the ninetieth day
 after it shall have become  a  law  [and  shall  expire  and  be  deemed
 repealed June 30, 2028];
   § 4. This act shall take effect immediately.