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A03898 Summary:
BILL NO | A03898 |
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SAME AS | SAME AS S02258 |
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SPONSOR | DenDekker |
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COSPNSR | Blake, D'Urso, Miller MG, Dickens, Cook, Epstein, Cruz, Benedetto, Gunther, Montesano, DeStefano, Glick, Frontus, Niou, Seawright, Morinello, Giglio, Pichardo, McDonough |
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MLTSPNSR | Sayegh |
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Amd §415, V & T L; amd §404, Fin Serv L | |
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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. |