Outline of New York State & the NYS Assembly Seal

New York State Assembly

Speaker Carl E. Heastie
  -  This bill is not active in this session.
 

S05152 Summary:

BILL NOS05152
 
SAME ASSAME AS A08098
 
SPONSORSAVINO
 
COSPNSRCARLUCCI
 
MLTSPNSR
 
Amd §302, Pers Prop L
 
Limits loan assignee liability with regard to motor vehicle retail installment contracts.
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S05152 Actions:

BILL NOS05152
 
03/09/2017REFERRED TO CONSUMER PROTECTION
06/06/2017REPORTED AND COMMITTED TO RULES
06/14/2017ORDERED TO THIRD READING CAL.1638
06/14/2017PASSED SENATE
06/14/2017DELIVERED TO ASSEMBLY
06/14/2017referred to codes
06/19/2017substituted for a8098
06/19/2017ordered to third reading rules cal.418
06/20/2017passed assembly
06/20/2017returned to senate
12/06/2017DELIVERED TO GOVERNOR
12/18/2017SIGNED CHAP.487
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S05152 Committee Votes:

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S05152 Floor Votes:
DATE:06/20/2017Assembly Vote                            YEA/NAY: 100/44
Yes      
Abbate 
No      
Crouch 
No      
Goodell 
Yes      
Lifton 
Yes      
O'Donnell 
Yes      
Sepulveda 
Yes      
Abinanti 
No      
Curran 
Yes      
Gottfried 
No      
Lopez 
Yes      
Ortiz 
Yes      
Simanowitz 
Yes      
Arroyo 
Yes      
Cusick 
No      
Graf 
Yes      
Lupardo 
Yes      
Otis 
Yes      
Simon 
Yes      
Aubry 
Yes      
Cymbrowitz 
Yes      
Gunther 
No      
Lupinacci 
No      
Palmesano 
Yes      
Simotas 
No      
Barclay 
ER      
Davila 
Yes      
Harris 
Yes      
Magee 
No      
Palumbo 
Yes      
Skartados 
Yes      
Barnwell 
Yes      
De La Rosa 
No      
Hawley 
Yes      
Magnarelli 
Yes      
Paulin 
Yes      
Skoufis 
Yes      
Barrett 
Yes      
DenDekker 
Yes      
Hevesi 
No      
Malliotakis 
Yes      
Pellegrino 
Yes      
Solages 
Yes      
Barron 
ER      
Dickens 
ER      
Hikind 
Yes      
Mayer 
Yes      
Peoples-Stokes 
No      
Stec 
Yes      
Benedetto 
Yes      
Dilan 
Yes      
Hooper 
No      
McDonald 
Yes      
Perry 
Yes      
Steck 
Yes      
Bichotte 
Yes      
Dinowitz 
Yes      
Hunter 
No      
McDonough 
Yes      
Pheffer Amato 
Yes      
Stirpe 
Yes      
Blake 
No      
DiPietro 
Yes      
Hyndman 
No      
McKevitt 
Yes      
Pichardo 
Yes      
Thiele 
No      
Blankenbush 
Yes      
D'Urso 
Yes      
Jaffee 
No      
McLaughlin 
Yes      
Pretlow 
Yes      
Titone 
No      
Brabenec 
Yes      
Englebright 
Yes      
Jean-Pierre 
No      
Miller B   
ER      
Quart 
Yes      
Titus 
Yes      
Braunstein 
No      
Errigo 
Yes      
Jenne 
Yes      
Miller MG  
No      
Ra 
Yes      
Vanel 
Yes      
Brindisi 
Yes      
Fahy 
No      
Johns 
No      
Miller ML  
No      
Raia 
Yes      
Walker 
Yes      
Bronson 
Yes      
Farrell 
Yes      
Jones 
No      
Montesano 
Yes      
Ramos 
Yes      
Wallace 
Yes      
Buchwald 
No      
Finch 
Yes      
Joyner 
Yes      
Morelle 
Yes      
Richardson 
No      
Walsh 
No      
Butler 
No      
Fitzpatrick 
Yes      
Kavanagh 
No      
Morinello 
Yes      
Rivera 
No      
Walter 
No      
Byrne 
No      
Friend 
Yes      
Kearns 
Yes      
Mosley 
Yes      
Rodriguez 
Yes      
Weinstein 
Yes      
Cahill 
Yes      
Galef 
Yes      
Kim 
Yes      
Moya 
Yes      
Rosenthal 
Yes      
Weprin 
Yes      
Carroll 
ER      
Gantt 
No      
Kolb 
No      
Murray 
Yes      
Rozic 
Yes      
Williams 
No      
Castorina 
No      
Garbarino 
ER      
Lalor 
Yes      
Niou 
Yes      
Ryan 
No      
Woerner 
Yes      
Colton 
No      
Giglio 
Yes      
Lavine 
Yes      
Nolan 
Yes      
Santabarbara 
Yes      
Wright 
Yes      
Cook 
Yes      
Gjonaj 
No      
Lawrence 
No      
Norris 
No      
Schimminger 
Yes      
Zebrowski 
Yes      
Crespo 
Yes      
Glick 
Yes      
Lentol 
No      
Oaks 
Yes      
Seawright 
Yes      
Mr. Speaker 
 
 ‡ Indicates voting via videoconference  
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S05152 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5152
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                      March 9, 2017
                                       ___________
 
        Introduced  by  Sen.  SAVINO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Consumer Protection
 
        AN ACT to amend the personal property law, in relation to loan assignees
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Subdivision 9 of section 302 of the personal property law,
     2  as amended by chapter 643 of the laws of 1978, is  amended  to  read  as
     3  follows:
     4    9.  (a)  No  retail instalment contract shall contain any provision by
     5  which the buyer agrees not to assert against  an  assignee  a  claim  or
     6  defense  arising  out  of the sale or require or entail the execution of
     7  any note or series of notes, which when separately negotiated  will  cut
     8  off  as  to third parties any right of action or defense which the buyer
     9  may have against the  seller.  The  assignee  of  a  retail  installment
    10  contract  or  obligation  shall be subject to all claims and defenses of
    11  the buyer against the seller arising from the sale  notwithstanding  any
    12  agreement  to  the  contrary,  but  the  assignee's liability under this
    13  subdivision shall not exceed the amount owing to  the  assignee  at  the
    14  time the claim or defense is asserted against the assignee.
    15    (b)  Limitations on assignee liability referred to in paragraph (a) of
    16  this subdivision shall be exclusive of any reasonable costs  and  attor-
    17  ney's fees the court may award.
    18    §  2. This act shall take effect on the first of January next succeed-
    19  ing the date on which it shall have become a law.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03767-01-7



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