Senate Bill S7553A

2023-2024 Legislative Session

Relates to designating new automotive broker businesses

download bill text pdf

Sponsored By

Current Bill Status Via A3499 - Delivered to Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Actions
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Bill Amendments

co-Sponsors

2023-S7553 - Details

See Assembly Version of this Bill:
A3499
Law Section:
General Business Law
Laws Affected:
Amd §§736, 738, 741-a, 741-b & 743, add §§736-b, 741-c & 745, Gen Bus L; amd §415, V & T L
Versions Introduced in Other Legislative Sessions:
2019-2020: A6655
2021-2022: A1932

2023-S7553 - Summary

Requires automobile brokers to maintain a place of business; requires certain notices and recordkeeping; makes related provisions.

2023-S7553 - Sponsor Memo

2023-S7553 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7553
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               June 5, 2023
                                ___________
 
 Introduced  by  Sen.  THOMAS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the general business law and  the  vehicle  and  traffic
   law, in relation to automobile broker businesses
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  Subdivision 1 of section 736 of the general business  law,
 as  amended  by  chapter  28  of the laws of 2018, is amended to read as
 follows:
   1. "Automobile broker business" means  any  person  who,  for  a  fee,
 commission  or  other valuable consideration, regardless of whether such
 fee, commission, or consideration is paid directly by a consumer, offers
 to provide, provides, or represents  that  he  or  she  will  provide  a
 service  of  purchasing, arranging, assisting, facilitating or effecting
 the purchase or lease of an automobile as agent, broker, or intermediary
 for a consumer. "Automobile broker business" does not include any person
 registered as a dealer pursuant to article sixteen of  the  vehicle  and
 traffic  law, ONLY WHEN OPERATING IN A MANNER PURSUANT TO SUCH REGISTRA-
 TION UNDER ARTICLE SIXTEEN OF THE VEHICLE AND TRAFFIC  LAW,  ANY  PERSON
 REGISTERED UNDER SECTION FOUR HUNDRED FIFTEEN-A OF THE VEHICLE AND TRAF-
 FIC  LAW,  ONLY  WHEN  OPERATING  IN  A MANNER DESCRIBED IN SECTION FOUR
 HUNDRED FIFTEEN-A OF THE VEHICLE AND TRAFFIC LAW, AN AUTOMOBILE  AUCTIO-
 NEER,  ONLY  WHEN  OPERATING  IN THE MANNER DESCRIBED IN SECTION TWENTY-
 THREE OF THIS CHAPTER, nor any bona fide employee of a registered dealer
 while acting for such dealer, or any person who sells, offers  for  sale
 or  lease  or  acts  as  agent,  broker or intermediary in effecting the
 purchase or lease of three or fewer automobiles in  any  calendar  year,
 any  national  service  which  aggregates information for consumers, but
 does not otherwise have contact with consumers,  or  any  motor  vehicle
 franchisor, manufacturer, [or] distributor, DISTRIBUTOR BRANCH OR FACTO-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11745-01-3
 S. 7553                             2
              

co-Sponsors

2023-S7553A (ACTIVE) - Details

See Assembly Version of this Bill:
A3499
Law Section:
General Business Law
Laws Affected:
Amd §§736, 738, 741-a, 741-b & 743, add §§736-b, 741-c & 745, Gen Bus L; amd §415, V & T L
Versions Introduced in Other Legislative Sessions:
2019-2020: A6655
2021-2022: A1932

2023-S7553A (ACTIVE) - Summary

Requires automobile brokers to maintain a place of business; requires certain notices and recordkeeping; makes related provisions.

2023-S7553A (ACTIVE) - Sponsor Memo

2023-S7553A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7553--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               June 5, 2023
                                ___________
 
 Introduced  by Sens. THOMAS, SCARCELLA-SPANTON -- read twice and ordered
   printed, and when printed to be committed to the Committee on Rules --
   recommitted to the Committee on Consumer Protection in accordance with
   Senate Rule 6, sec. 8 -- committee discharged, bill  amended,  ordered
   reprinted as amended and recommitted to said committee

 AN  ACT  to  amend  the general business law and the vehicle and traffic
   law, in relation to automobile broker businesses
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision 1 of section 736 of the general business law,
 as amended by chapter 28 of the laws of 2018,  is  amended  to  read  as
 follows:
   1.  "Automobile  broker  business"  means  any  person who, for a fee,
 commission or other valuable consideration, regardless of  whether  such
 fee, commission, or consideration is paid directly by a consumer, offers
 to  provide,  provides,  or  represents that [he or she] SUCH AUTOMOBILE
 BROKER BUSINESS will provide a service of purchasing, arranging, assist-
 ing, facilitating or effecting the purchase or lease of an automobile as
 agent, broker, or intermediary for a consumer. "Automobile broker  busi-
 ness"  does  not  include  any person registered as a dealer pursuant to
 article sixteen of the vehicle and traffic law, ONLY WHEN OPERATING IN A
 MANNER PURSUANT TO SUCH REGISTRATION UNDER ARTICLE SIXTEEN OF THE  VEHI-
 CLE  AND  TRAFFIC  LAW, ANY PERSON REGISTERED UNDER SECTION FOUR HUNDRED
 FIFTEEN-A OF THE VEHICLE AND TRAFFIC  LAW,  ONLY  WHEN  OPERATING  IN  A
 MANNER  DESCRIBED  IN  SECTION FOUR HUNDRED FIFTEEN-A OF THE VEHICLE AND
 TRAFFIC LAW, AN AUTOMOBILE AUCTIONEER, ONLY WHEN OPERATING IN THE MANNER
 DESCRIBED IN SECTION TWENTY-THREE OF THIS CHAPTER,  nor  any  bona  fide
 employee  of  a  registered  dealer while acting for such dealer, or any
 person who sells, offers for sale or lease or acts as agent,  broker  or
 intermediary  in effecting the purchase or lease of three or fewer auto-
 mobiles in any calendar year,  any  national  service  which  aggregates
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11745-02-4
              

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