What's happening
This bill targets car dealers’ claims that disability benefits alone suffice to secure vehicle financing.
Why it matters
Statewide rules. The consumer protection division could regulate motor vehicle dealer advertising and marketing, consulting with the departments of law and financial services.
Specific prohibition. Those rules would prohibit dealers and their employees from representing Supplemental Security Income or Social Security Disability Income as sufficient alone to secure vehicle financing.
Enforcement teeth. The Department of Law could enforce the rules, assess civil penalties and seek injunctions. The consumer protection division could establish fines up to $10,000 per violation.
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Who cares
Motor vehicle dealers
Their advertising and marketing would face new rules and potential fines.
SSI and SSDI recipients
The required prohibition targets financing claims about the benefits they receive.
Consumer protection division
It would gain authority to write dealer advertising rules and establish fines.
Department of Law
It would gain explicit authority to enforce these regulations and seek injunctions.
Headline styles
Restrict Car Dealer Financing Claims
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to governmental operations
- Referred to governmental operations
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.
Crack Down on Car Ads
In Senate Committee · Finance · Sponsor Kevin Thomas
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4015
2019-2020 Regular Sessions
IN ASSEMBLY
January 31, 2019
Introduced by M. of A. WEPRIN -- read once and referred to the Committee on Governmental Operations
AN ACT to amend the executive law, in relation to motor vehicle dealer advertising
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The executive law is amended by adding a new section 94-c to read as follows:
§ 94-c. Motor vehicle dealer advertising. 1. The consumer protection division shall, in consultation with the department of law and the department of financial services, be authorized to promulgate regulations relating to advertising and marketing by motor vehicle dealers.
2. Such regulations shall prohibit the representation, in any form, by a motor vehicle dealer or any officer or employee thereof, that benefits received as supplemental security income or social security disability income shall be a sole sufficient source of income for the purpose of securing consumer motor vehicle financing.
3. The department of law shall have jurisdiction to enforce the regulations promulgated pursuant to subdivision one of this section, and assess civil penalties and seek injunctions relating thereto. Provided, that nothing in this section shall be deemed to limit such department's ability to enforce any other provision of law, rule or regulation relating to motor vehicle dealers.
4. The consumer protection division shall be authorized to establish fines of not more than ten thousand dollars for any violation of the regulations established pursuant to subdivision one of this section.
§ 2. This act shall take effect on the one hundred eightieth day after it shall have become law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05529-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.