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S6623Senate2015-2016 SessionSame asA10081

Relates to penalties for deceptive trade practices and unlawful acts by an automobile broker business

Sponsor Martin J. GoldenSD-22Affects Public Safety & Consumer Affairs
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Martin J. Golden

Senator · Senate District 22

Chair, Civil Service And Pensions

No co-sponsors yet.

History

  1. Signed chap.372
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.525
  6. Substituted for A10081
  7. Referred to consumer affairs and protection
  8. Delivered to assembly
  9. Passed senateVote 53–1
  10. Advanced to third reading
  11. 2nd report cal.
  12. 1st report cal.606
Show 1 earlier action
  1. Referred to consumer protection

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A10081Assembly

Relates to penalties for deceptive trade practices and unlawful acts by an automobile broker business

Assembly Floor Calendar · Sponsor Peter Abbate

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend the general business law, in relation to increasing penalties for deceptive trade practices and unlawful acts by an automobile broker business

Purpose

To decrease the incidence of unlawful deceptive practices in the automobile broker business by increasing the penalties for violating article 43 of the General Business Law, which regulates Automobile Broker Businesses

Summary of provisions

Section one of this bill amends General Business Law section 743 concerning enforcement of General Business Law article 43 by the Attorney General to increase the penalties for violating article 43 by mandating that the Court shall impose a civil penalty when it finds a person has violated such article. Additionally, the amount of the civil penalty is increased an amount that is not less than $1,000 and not more than $3,000 per violation.

Section two of this bill provides that this act shall take effect on the ninetieth day after it shall have become a law.

Current law

In a proceeding commenced by the Attorney General for one or more alleged violations of General Business Law article 43, if the Court finds that such article has been violated, the Court may impose a civil penalty of not more than $1,000 per violation.

Justification

With the advent of the Internet, a consumer can hire an automobile broker in a different city or State. The consumer may pay for broker services in advance without meeting the broker. By making the penalties for violating General Business Law article 43, which regulates the automobile broker industry, mandatory and higher than the current level, unscrupulous brokers may be deterred from taking advantage of New Yorkers.

Legislative history

New bill

Fiscal implications

None

Effective date

This act shall take effect on the ninetieth day after it shall have become a law.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.