Relates to terminal rental adjustment clauses in motor vehicle leases
Summary
Relates to terminal rental adjustment clauses in motor vehicle leases; provides that any increase in the consideration given pursuant to such clause upon termination of the lease shall be subject to tax, and that any decrease in the consideration given pursuant to such clause upon termination of the lease shall allow the lessor to claim a credit or refund of tax on such amount.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 1, 2019
Last action Jan 29, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
3
Amendments
1
Jan 29, 2020
Assembly · Amendment adopted
PRINT NUMBER 4070A
Jan 29, 2020
Assembly · Referred to committee
AMEND AND RECOMMIT TO WAYS AND MEANS
Jan 8, 2020
Assembly · Referred to committee
REFERRED TO WAYS AND MEANS
Feb 1, 2019
Assembly · Referred to committee
REFERRED TO WAYS AND MEANS
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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