S 5847 New York Senate · 2023 Regular Session

Requires motor vehicle dealers to disclose price markups to the purchasers of motor vehicles

Summary
Requires motor vehicle dealers to disclose price markups to the purchasers of motor vehicles; provides failure to so disclose shall be grounds for revocation of the dealer's registration and imposes civil liability to purchasers for damages; authorizes the financial frauds and consumer protection unit of the department of financial services to study problematic practices in the price markups of motor vehicle dealers.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2023 Last action Jan 3, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2024
Senate · Referred to committee
REFERRED TO TRANSPORTATION
Mar 20, 2023
Senate · Referred to committee
REFERRED TO TRANSPORTATION
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of James Sanders
James Sanders
DDemocratic
NY
10