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STATE OF NEW YORK
________________________________________________________________________

4585

2011-2012 Regular Sessions

IN ASSEMBLY

February 4, 2011
___________

Introduced  by  M.  of  A.  BRENNAN,  ORTIZ,  COLTON, LUPARDO, REILLY --
  Multi-Sponsored by -- M. of  A.  ABBATE,  CANESTRARI,  GALEF,  HOOPER,
  P. LOPEZ,  MAISEL,  McENENY, PHEFFER, SWEENEY, WEISENBERG -- read once
  and referred to the Committee on Transportation

AN ACT to amend the vehicle and traffic law, in relation to  authorizing
  the proration of registration fees for stolen motor vehicles, motorcy-
  cles or trailers

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 420 of the vehicle and traffic law  is  amended  by
adding a new subdivision 9 to read as follows:
  9.  THE  COMMISSIONER  SHALL, UPON SUBMISSION OF WRITTEN EVIDENCE FROM
THE OWNER OF A REGISTERED MOTOR VEHICLE,  MOTORCYCLE  OR  TRAILER,  THAT
SUCH  VEHICLE  WAS  REPORTED  STOLEN  TO THE APPROPRIATE LAW ENFORCEMENT
AGENCY AND/OR THE OWNER'S AUTOMOBILE INSURANCE COMPANY, AND UPON PAYMENT
OF A TRANSFER FEE OF SEVEN DOLLARS AND SEVENTY-FIVE  CENTS,  CREDIT  THE
UNUSED PORTION OF THE REGISTRATION FEE PAID FOR SUCH VEHICLE AGAINST ANY
SUBSEQUENT REGISTRATION FEE WHICH BECOMES DUE FOR ANOTHER MOTOR VEHICLE,
MOTORCYCLE OR TRAILER OWNED BY THE REGISTRANT. THE AMOUNT OF SUCH CREDIT
SHALL  BE  COMPUTED BY APPORTIONING THE REGISTRATION FEE FOR REGISTERING
THE STOLEN VEHICLE BETWEEN THE NUMBER OF MONTHS FOR WHICH THE  REGISTRA-
TION  FEE  WAS PAID WITH THE NUMBER OF MONTHS REMAINING AT THE TIME SUCH
VEHICLE WAS STOLEN. WHENEVER THE AMOUNT OF THE CREDIT  AS  PROVIDED  FOR
HEREIN  SHALL  AMOUNT  TO  OTHER  THAN A WHOLE DOLLAR AMOUNT, THE CREDIT
SHALL BE ROUNDED TO THE NEAREST TWENTY-FIVE CENTS.
  S 2. This act shall  take  effect  on  the  first  of  September  next
succeeding the date on which it shall have become a law.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00973-01-1