Bill

Bill > S08075


NY S08075

NY S08075
Requires the disclosure of tariff cost estimates in automobile sales by affixing such to the car window in a clear, conspicuous, and easily understandable manner; provides such requirement can be satisfied by including it on the Monroney label.


summary

Introduced
05/15/2025
In Committee
05/15/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the vehicle and traffic law, in relation to disclosing tariff cost estimates on automobile sales

AI Summary

This bill requires automobile manufacturers to disclose the estimated cost impact of federal tariffs on new car prices by adding a tariff cost estimate to the vehicle's window label. The bill defines "tariff cost estimate" as an estimate of price increases resulting directly or indirectly from federal tariffs on materials like steel and aluminum used in manufacturing, assembling, or distributing automobiles. Manufacturers must affix this estimate to the car window in a clear and easily understandable manner, which can be accomplished by including the information on the Monroney label (a federally mandated window sticker that already displays basic price information). The legislation aims to increase transparency for consumers by helping them understand how tariffs might affect the final price of a new vehicle. Any manufacturer who fails to comply with this requirement could be liable to aggrieved persons for the additional margin obtained through the sale. The bill will take effect 90 days after becoming law and is officially titled the "tariff transparency act."

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

COMMITTED TO RULES (on 06/13/2025)

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