S. 5978-A(Libous)/A. 9705(Morelle)
Summary: The bill Amends section 4 of Chapter 656 of the laws of 2002 amending Section
396-z of the General Business Law by extending the sunset provision from February, 2008 to June
30, 2013. Chapter 656 amended the General Business Law with respect to rental vehicles, including:
- Making vehicle renters responsible for damage to rental vehicles in their possession.
rental companies to make available optional vehicle protection (also known as a
"collision damage waiver") which entitles the purchaser to a waiver of claim by the
vehicle rental company with regard to virtually any damage to the vehicle, regardless of fault.
consumer protection provisions, including measures designed to ensure that rental customers are
aware that their automobile insurance policy may provide collision coverage while renting a vehicle.
Effective Date: Immediately.
Last Action: Approved and signed by the Governor on February 19, 2008 (Chapter 14
of the Laws of 2008).