A08166 Summary:

BILL NOA08166A
 
SAME ASSAME AS S05485-B
 
SPONSORCrespo
 
COSPNSR
 
MLTSPNSR
 
Amd §415, V & T L
 
Requires used motor vehicle dealers to have a $20,000 surety bond if they sell 50 or less cars a year, and a $100,000 surety bond if they sell more than 50 cars a year.
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A08166 Actions:

BILL NOA08166A
 
06/10/2015referred to transportation
01/06/2016referred to transportation
06/09/2016amend and recommit to transportation
06/09/2016print number 8166a
06/15/2016reported referred to rules
06/16/2016reported
06/16/2016rules report cal.444
06/16/2016ordered to third reading rules cal.444
06/16/2016passed assembly
06/16/2016delivered to senate
06/16/2016REFERRED TO RULES
06/17/2016SUBSTITUTED FOR S5485B
06/17/20163RD READING CAL.1442
06/17/2016PASSED SENATE
06/17/2016RETURNED TO ASSEMBLY
09/20/2016delivered to governor
09/29/2016signed chap.342
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A08166 Committee Votes:

TRANSPORTATION Chair:Gantt DATE:06/15/2016AYE/NAY:21/3 Action: Favorable refer to committee Rules
GanttAyeMcDonoughNay
PerryAyeMalliotakisNay
CusickAyeRaAye
LupardoAyeDiPietroExcused
SchimelAyeLupinacciAye
DenDekkerAyeNojayNay
CrespoAyeMurrayAye
ThieleAye
BronsonAye
SkartadosAye
SkoufisAye
SteckAye
BrindisiAye
SimonAye
Jean-PierreAye
HunterAye
HyndmanAye
WilliamsAye

RULES Chair:Heastie DATE:06/16/2016AYE/NAY:28/0 Action: Favorable
HeastieAyeKolbAye
GottfriedAyeTediscoAye
LentolAyeOaksAye
FarrellAyeButlerAye
GanttAyeCrouchAye
NolanAyeFinchExcused
WeinsteinAyeBarclayAye
HooperAyeRaiaAye
OrtizAyeDupreyAye
PretlowAye
CookAye
GlickAye
MorelleAye
AubryAye
EnglebrightAye
WrightExcused
DinowitzAye
ColtonAye
MagnarelliAye
PerryAye
MarkeyAye

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A08166 Floor Votes:

DATE:06/16/2016Assembly Vote  YEA/NAY: 134/8
Yes
Abbate
Yes
Crespo
Yes
Gottfried
No
Lopez
Yes
Palumbo
Yes
Simon
Yes
Abinanti
Yes
Crouch
No
Graf
Yes
Lupardo
Yes
Paulin
Yes
Simotas
Yes
Arroyo
Yes
Curran
Yes
Gunther
Yes
Lupinacci
Yes
Peoples-Stokes
Yes
Skartados
Yes
Aubry
Yes
Cusick
Yes
Harris
Yes
Magee
Yes
Perry
Yes
Skoufis
Yes
Barclay
Yes
Cymbrowitz
Yes
Hawley
Yes
Magnarelli
Yes
Pichardo
Yes
Solages
Yes
Barrett
Yes
Davila
Yes
Hevesi
Yes
Malliotakis
Yes
Pretlow
Yes
Stec
Yes
Barron
Yes
DenDekker
Yes
Hikind
Yes
Markey
Yes
Quart
Yes
Steck
Yes
Benedetto
Yes
Dilan
Yes
Hooper
Yes
Mayer
Yes
Ra
Yes
Stirpe
Yes
Bichotte
Yes
Dinowitz
Yes
Hunter
Yes
McDonald
Yes
Raia
Yes
Tedisco
Yes
Blake
ER
DiPietro
Yes
Hyndman
Yes
McDonough
Yes
Ramos
No
Tenney
Yes
Blankenbush
Yes
Duprey
Yes
Jaffee
Yes
McKevitt
Yes
Richardson
Yes
Thiele
Yes
Brabenec
Yes
Englebright
Yes
Jean-Pierre
Yes
McLaughlin
Yes
Rivera
Yes
Titone
Yes
Braunstein
Yes
Fahy
Yes
Johns
Yes
Miller
Yes
Robinson
Yes
Titus
ER
Brennan
Yes
Farrell
Yes
Joyner
Yes
Montesano
Yes
Rodriguez
Yes
Walker
Yes
Brindisi
ER
Finch
ER
Katz
Yes
Morelle
Yes
Rosenthal
Yes
Walter
Yes
Bronson
No
Fitzpatrick
Yes
Kavanagh
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Buchwald
No
Friend
Yes
Kearns
Yes
Moya
Yes
Russell
Yes
Weprin
No
Butler
Yes
Galef
ER
Kim
Yes
Murray
Yes
Ryan
Yes
Williams
Yes
Cahill
Yes
Gantt
Yes
Kolb
No
Nojay
Yes
Saladino
Yes
Woerner
Yes
Cancel
Yes
Garbarino
No
Lalor
Yes
Nolan
Yes
Santabarbara
Yes
Wozniak
Yes
Castorina
Yes
Giglio
Yes
Lavine
Yes
Oaks
Yes
Schimel
ER
Wright
Yes
Ceretto
Yes
Gjonaj
Yes
Lawrence
Yes
O'Donnell
Yes
Schimminger
Yes
Zebrowski
Yes
Colton
Yes
Glick
Yes
Lentol
Yes
Ortiz
Yes
Seawright
Yes
Mr. Speaker
Yes
Cook
Yes
Goldfeder
Yes
Lifton
Yes
Otis
Yes
Sepulveda
Yes
Corwin
Yes
Goodell
Yes
Linares
Yes
Palmesano
Yes
Simanowitz

‡ Indicates voting via videoconference
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A08166 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8166--A
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                      June 10, 2015
                                       ___________
 
        Introduced by M. of A. CRESPO -- read once and referred to the Committee
          on Transportation -- recommitted to the Committee on Transportation in
          accordance  with Assembly Rule 3, sec. 2 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee

        AN  ACT to amend the vehicle and traffic law, in relation to surety bond
          requirements for car dealers
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraphs a and c of subdivision 6-b of section 415 of the
     2  vehicle  and  traffic  law, as amended by chapter 7 of the laws of 2000,
     3  paragraph a as further amended by section 104 of part A of chapter 62 of
     4  the laws of 2011, are amended to read as follows:
     5    a. As a condition to obtaining a registration certificate pursuant  to
     6  this  section, every new motor vehicle dealer applicant and every quali-
     7  fied dealer applicant shall obtain and continue in effect a surety  bond
     8  in  an  amount  of  fifty  thousand dollars executed by a surety company
     9  authorized to transact business in the state by the department of finan-
    10  cial services of the state. As a condition to obtaining  a  registration
    11  certificate  pursuant  to  this  section,  every dealer applicant who is
    12  applying for a registration certificate in the  first  instance  or  who
    13  sold  [two hundred] fifty motor vehicles or fewer in the previous calen-
    14  dar year shall obtain and continue in effect a surety bond in an  amount
    15  of [ten] twenty thousand dollars executed by a surety company authorized
    16  to  transact  business  in  the  state  by  the  department of financial
    17  services of the state.  As  a  condition  of  obtaining  a  registration
    18  certificate  pursuant  to  this section, every dealer applicant who sold
    19  more than [two hundred] fifty motor vehicles in  the  previous  calendar
    20  year  shall  obtain and continue in effect a surety bond in an amount of
    21  [twenty-five] one hundred thousand dollars executed by a surety  company
    22  authorized to transact business in the state by the department of finan-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10954-10-6

        A. 8166--A                          2
 
     1  cial  services  of  the state. The bonds shall be approved as to form by
     2  the commissioner and shall be conditioned on the new motor vehicle deal-
     3  er's, qualified dealer's,  and  dealer's:  payment  of  all  valid  bank
     4  drafts, including checks, drawn by such dealer for the purchase of motor
     5  vehicles;  transfer  of  good  title  to  each motor vehicle such dealer
     6  sells; safekeeping of all customer deposits related to  the  sale  of  a
     7  motor  vehicle  between the time of receipt of such customer deposit and
     8  the transfer of good title to the vehicle to the customer;  payment  for
     9  all  fines  imposed upon the new motor vehicle dealer, qualified dealer,
    10  or dealer by the commissioner pursuant to the provisions of  this  chap-
    11  ter;  and  such  dealer's  repayment of any overcharges of a customer by
    12  such dealer for the vehicle registration and titling charges payable  to
    13  the  commissioner for registering and titling the sold vehicle. Any such
    14  dealer which is bonded pursuant to this section prior to  the  effective
    15  date  of  the  chapter of the laws of two thousand sixteen which amended
    16  this paragraph shall be required to comply with the amendments  made  by
    17  such chapter upon renewal, replacement, alteration, or extension of such
    18  dealer's current surety bond.
    19    c.  Any  surety  issuing  a bond pursuant to this subdivision shall be
    20  required to provide sixty days' notice to the commissioner prior to  the
    21  effective  date  of cancellation or lapse of the bond, and shall provide
    22  additional notice to the commissioner upon the date of the  cancellation
    23  or lapse of such bond. Upon the cancellation or lapse of any surety bond
    24  required  by  this subdivision, the commissioner shall, within five days
    25  of such cancellation or lapse, verify that the  dealer  holds  a  surety
    26  bond which meets the requirements of this subdivision.
    27    § 2. This act shall take effect on the one hundred eightieth day after
    28  it shall have become a law.
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