What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
10 Co-sponsors
History
- Referred to transportation
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A10698
Title of bill
An act to amend the vehicle and traffic law, in relation to registration fees for historic vehicles
Purpose or general idea of bill
Relates to a one time registration of antique vehicles, street rods, and custom vehicles.
Summary of specific provisions
Section 1. Subdivision 7 of section 401 of vehicle and traffic law is amended by adding a new schedule M to read as follows: M. Schedule for antique vehicles, street rods, and custom vehicles. For each motor vehicle which is owned or operated as an exhibition piece or a collector's item, and which is used for participation in club activities, exhibits, tours, parades, occasional transportation and similar uses, but not used for general daily transportation, a one-time initial registration fee of one-hundred dollars.
JUSTIFICATION:. With New York State facing an ever-increasing budget deficit, this legislation could present an influx of income from the collection of this one-time registration fee, and realize roughly between $12 million to $20 million dollars of revenue.
As market trends come and go, it seems that the antique car, street rod, and custom car segment remains a consistent and popular segment of the automotive market. For many vehicle enthusiasts in New York and throughout America, building, maintaining, and enjoying their vehicles is a favorite pastime, preserving a slice of American History. The owners of these vehicles have been very strong proponents of this one-time registration proposal
Prior legislative history
New Bill
Fiscal implications
To Be Determined.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.