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Bill > S05275
NY S05275
NY S05275Establishes the automobile sales protection act; provides for a 3 day cooling off period after the purchase of a used car bought at a dealership.
summary
Introduced
03/20/2017
03/20/2017
In Committee
01/03/2018
01/03/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
2017-2018 General Assembly
Bill Summary
AN ACT to amend the personal property law, in relation to establishing the automobile sales protection act The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill establishes the Automobile Sales Protection Act, which provides a 3-day cooling-off period for the purchase of used cars from dealerships. During this period, the consumer can return the vehicle for a full refund, including the return of any trade-in. However, this cooling-off period does not apply if the vehicle is damaged, materially altered, or driven more than 250 miles during the 3-day period. The bill also requires the Commissioner of Motor Vehicles to create and distribute a disclosure statement informing consumers of their rights under this law, and it allows prevailing plaintiffs to recover reasonable attorney's fees.
Committee Categories
Justice
Sponsors (2)
Last Action
REFERRED TO JUDICIARY (on 01/03/2018)
Official Document
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