New York S 8430: Clarifies the definition of "first building permit" for purposes of filing requirements to qualify for an abatement of tax payments for certain industrial and commercial properties located in the city of New York

Bill Text

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S08430 Summary:

BILL NOS08430 

&nbsp

SAME ASNo Same As

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SPONSORSTAVISKY

&nbsp

COSPNSR

&nbsp

MLTSPNSR

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Amd §§198-a & 198-b, Gen Bus L

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Updates and amends provisions of the lemon law relating to mileage and fines.

Go to top S08430 Actions:

BILL NOS08430 

&nbsp

06/10/2025REFERRED TO RULES

01/07/2026REFERRED TO CONSUMER PROTECTION

Go to topS08430 Committee&nbspVotes:

Go to topS08430 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS08430 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8430

 2025-2026 Regular Sessions

 IN SENATE

 June 10, 2025
 ___________

 Introduced by Sen. STAVISKY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Rules

 AN ACT to amend the general business law, in relation to used motor
 vehicles

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraphs 2, 4 and 7 of subdivision (a) of section 198-a
 2 of the general business law, paragraph 2 as amended by chapter 485 of
 3 the laws of 2003 and paragraphs 4 and 7 as added by chapter 799 of the
 4 laws of 1986, are amended to read as follows:
 5 (2) "Motor vehicle" means a motor vehicle excluding off-road vehicles,
 6 which was subject to a manufacturer's express warranty at the time of
 7 original delivery and either (i) was purchased, leased or transferred in
 8 this state within either the first [eighteen] thirty-six thousand miles
 9 of operation or [two] three years from the date of original delivery,
 10 whichever is earlier, or (ii) is registered in this state;
 11 (4) "Mileage deduction formula" means the mileage which is in excess
 12 of [twelve] twenty thousand miles times the purchase price, or the lease
 13 price if applicable, of the vehicle divided by [one] two hundred thou-
 14 sand miles.
 15 (7) "Service fees" means the portion of a lease payment attributable
 16 to:
 17 (i) an amount for earned interest, regardless of how it is character-
 18 ized in the lease agreement, calculated on the rental payments, inclu-
 19 sive of the earned interest, previously paid to the lessor for the
 20 leased vehicle at an annual rate equal to two points above the prime
 21 rate in effect on the date of the execution of the lease; and
 22 (ii) any insurance or other costs expended by the lessor for the bene-
 23 fit of the lessee.
 24 § 2. Paragraphs 1 and 2 of subdivision (b) of section 198-a of the
 25 general business law, paragraph 1 as amended by chapter 217 of the laws

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13190-02-5

 S. 8430 2

 1 of 1990 and paragraph 2 as amended by chapter 279 of the laws of 1989,
 2 are amended to read as follows:
 3 (1) If a new motor vehicle which is sold and registered in this state
 4 does not conform to all express warranties during the first [eighteen]
 5 thirty-six thousand miles of operation or during the period of [two]
 6 three years following the date of original delivery of the motor vehicle
 7 to such consumer, whichever is the earlier date, the consumer shall
 8 during such period report the nonconformity, defect or condition to the
 9 manufacturer, its agent or its authorized dealer. If the notification is
 10 received by the manufacturer's agent or authorized dealer, the agent or
 11 dealer shall within seven days forward written notice thereof to the
 12 manufacturer by certified mail, return receipt requested, and shall
 13 include in such notice a statement indicating whether or not such
 14 repairs have been undertaken. The manufacturer, its agent or its author-
 15 ized dealer shall correct said nonconformity, defect or condition at no
 16 charge to the consumer, notwithstanding the fact that such repairs are
 17 made after the expiration of such period of operation or such two year
 18 period.
 19 (2) If a manufacturer's agent or authorized dealer refuses to under-
 20 take repairs within seven days of receipt of the notice by a consumer of
 21 a nonconformity, defect or condition pursuant to paragraph one of this
 22 subdivision, the consumer may immediately forward written notice of such
 23 refusal to the manufacturer by certi