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 28, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
1
Committee
4
Amendments
1
Jan 28, 2020
Upper · Passed
PRINT NUMBER 3067A
upper
Jan 28, 2020
Committee
AMEND AND RECOMMIT TO BUDGET AND REVENUE
upper
Jan 8, 2020
Committee
REFERRED TO BUDGET AND REVENUE
upper
Mar 12, 2019
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Feb 1, 2019
Committee
REFERRED TO BUDGET AND REVENUE
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about S 3067
Scope: NY
Hi! I can help you understand S 3067. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline