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Bill > A07435


NY A07435

NY A07435
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
03/27/2025
In Committee
03/27/2025
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 directly on their vehicle's certificate of title, which would automatically transfer ownership of the vehicle upon the owner's death. Specifically, the bill modifies existing law to require that certificates of title now include a designated space where an owner can name a beneficiary who will receive the vehicle after the owner's passing. The bill also updates related sections of the law to use gender-neutral language and clarify the transfer process, such as requiring the owner or their representative to execute an assignment and warranty of title to the beneficiary. This change provides vehicle owners with a simpler, more direct method of transferring vehicle ownership after death, potentially avoiding more complex probate processes. The bill will take effect on the first day of January following its passage into law, with provisions allowing immediate preparation of necessary regulations to implement the changes.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Last Action

referred to transportation (on 03/27/2025)

bill text


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