Federal bill will restore car, truck leasing in New York state.

From: The Buffalo News (Buffalo, NY) | Date: August 3, 2005 | Copyright information

Byline: Matt Glynn

Aug. 3--Car and truck leasing in New York state could soon be widely available again, once President Bush signs the federal transportation bill.

Many leasing companies over the past two years had halted leasing in New York state or raised fees for those programs, citing what they called a burdensome state "vicarious liability" law affecting leased vehicles.

A bill expected to be signed by the president includes a provision to pre-empt the state law that makes the company leasing or renting a car liable for unlimited damages from accidents involving ...

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