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A03898 Summary:

BILL NOA03898
 
SAME ASSAME AS S02258
 
SPONSORDenDekker
 
COSPNSRBlake, D'Urso, Miller MG, Dickens, Cook, Epstein, Cruz, Benedetto, Gunther, Montesano, DeStefano, Glick, Frontus, Niou, Seawright, Morinello, Giglio, Pichardo, McDonough
 
MLTSPNSRSayegh
 
Amd 415, V & T L; amd 404, Fin Serv L
 
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.
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