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Bill > S01612


NY S01612

NY S01612
Relates to providing a space on a certificate of title for an owner to designate a beneficiary to whom the vehicle shall be transferred upon the death of the owner.


summary

Introduced
01/13/2025
In Committee
01/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the vehicle and traffic law, in relation to providing a space on a certificate of title for an owner to designate a beneficiary to whom the vehicle shall be transferred upon the death of the owner

AI Summary

This bill amends the New York Vehicle and Traffic Law to allow vehicle owners to designate a beneficiary on their vehicle's certificate of title who will receive the vehicle upon the owner's death. Specifically, the bill requires that the certificate of title include a space for owners to name a beneficiary, and it updates related sections of the law to accommodate this new provision. The changes include modifying language around vehicle title transfers to reference the new beneficiary designation option, updating gender-specific pronouns to gender-neutral language, and ensuring that the title transfer process can include transfers to a designated beneficiary. The bill will take effect on the first day of January following its passage, and it authorizes state agencies to prepare necessary regulations in advance of the effective date. This legislation aims to provide vehicle owners with a more straightforward method of transferring vehicle ownership to a chosen recipient after their death, potentially simplifying the process of transferring vehicle titles to heirs or designated beneficiaries.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

REFERRED TO TRANSPORTATION (on 01/13/2025)

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