The New York State Legislature has passed legislation (S.5369/A.9617) sponsored by Senator Jim Tedisco (R,C,I,REF-Glenville), Assemblywoman Carrie Woerner (D-Round Lake) and Assemblywoman Mary Beth Walsh (R,C,I,REF-Ballston) to help consumers, small business owners and local county governments by extending the time frame in which a car owner has to submit their license plates to the Department of Motor Vehicles (DMV) from 24 hours to 10 days when their car is repossessed.
“This bi-partisan bill is a win, win, win for car owners, small businesses and local governments by extending to 10 days the time motorists have to return their license plates to the DMV if their car is ever repossessed,” said Tedisco. “Consumers won’t have to pay to re-register their car during those 10 days and this bill will save tax dollars on paperwork and time spent by county DMV offices re-registering people and small businesses in processing repossessions.”
“This legislation makes the motor vehicle repossession process more convenient not only for drivers, but also for DMV employees, generating real cost savings for taxpayers in an efficient way. I believe this bill is an excellent example of commonsense, bi-partisan governance that is guided by the needs of our constituents and addresses real bureaucratic barriers in state government,” said Assemblywoman Woerner.
“Anyone who has had a vehicle repossessed understands not only how complicated the redemption can be, but also the clear need to remove impediments present in this outdated process,” said Walsh. “I commend our legislative colleagues for passing this common sense measure and recognizing the positive impact it will have, not only on New York’s automobile owners, but on our local repossession business owners and department of motor vehicles,” said Assemblywoman Walsh.
“This is a great common sense amendment that cleans up and streamlines the current bureaucracy of paperwork involved with repossession of motor vehicles and motorcycles. Thank you to Senator Tedisco, Assemblywoman Woerner and Assemblywoman Walsh for continuing to look for ways to make government more efficient and looking out for the consumer,” said Craig A. Hayner, Saratoga County Clerk, who oversees the Saratoga County DMV.
Under current law, motorists have 24 hours to turn their plates into the DMV but 10 days to pay creditors what they owe to get back ownership on a vehicle. This creates an additional bureaucratic burden for consumers who after they pay the outstanding balance on their car must then find transportation to a DMV office to pay for the re-registration on their vehicle. Depending on the weight of one’s vehicle, passage of this law could save consumers between $26 and $71 in re-registration fees.
Tedisco, Woerner and Walsh’s legislation makes it more efficient for local county-run DMV offices since they would only have to process those returned plates for vehicles after the 10-day waiting period that will not be returned to their owners. The bill also helps small businesses that handle the repossession of cars save time and money from not having to rush to turn plates into the DMV within 24 hours and instead lets the 10-day waiting period pass before taking action.
The measure also enhances efficiencies by enabling repossessing agencies to notify vehicle owners via email and text message in addition to first class mail and through a phone call.
The bill now moves to the Governor’s desk for his review.