2006 Regular Session

SENATE BILL 248

File Code: Commercial Law - Consumer Protection
Sponsored By:
Senators Mooney, Della, Gladden, Greenip, Grosfeld, Hafer, Hooper, Hughes, Jones, McFadden, Munson, Pinsky, and Teitelbaum
Entitled:
Consumer Protection - Motor Vehicles Financed Through Dealer - Rights of Purchasers

Synopsis:

Requiring a dealer of specified motor vehicles to provide a disclosure form to a consumer buyer at the time of sale of a motor vehicle if the sale of the motor vehicle is conditioned on the dealer obtaining approval of financing for the consumer buyer; requiring the form to be signed by the consumer buyer and the dealer; requiring a dealer to maintain a copy of the signed form in its records relating to the sale of the motor vehicle; allowing a consumer buyer to cancel a sales contract under specified circumstances; etc.

History by Legislative Date

Senate Action
1/24
First Reading Judicial Proceedings
1/27
Re-assigned Finance
2/1
Hearing 2/14 at 1:00 p.m.
3/13
Favorable with Amendments Report by Finance
3/14
Favorable with Amendments
Laid Over (Senator Pipkin) Adopted
3/15
Favorable with Amendments Report Adopted
Floor Committee Amendment Adopted
Floor Amendment (Senator Mooney)
Special Order 3/16 (Senator Middleton) Adopted
3/16
Floor Amendment (Senator Mooney) Withdrawn
Second Reading Passed with Amendments
3/20
Third Reading Passed (46-0)
House Action
3/19
First Reading Environmental Matters
3/27
Hearing 4/4 at 1:00 p.m.

Sponsored by:

Senator Alexander X. Mooney, District 3
Senator George W. Della, Jr., District 46
Senator Lisa A. Gladden, District 41
Senator Janet Greenip, District 33
Senator Sharon M. Grosfeld, District 18
Senator John J. Hafer, District 1
Senator J. Robert Hooper, District 35
Senator Ralph M. Hughes, District 40
Senator Verna L. Jones, District 44
Senator Nathaniel J. McFadden, District 45
Senator Donald F. Munson, District 2
Senator Paul G. Pinsky, District 22
Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
FORMS
LOANS -see also- MORTGAGES
MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.
MOTOR VEHICLE DEALERS AND SALESMEN
RECORDS -see also- LAND RECORDS; VITAL RECORDS

Bill affects the following Statute:

Commercial Law
( 13-319 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 227879/01 (PDF)     Offered on: March 15, 2006   at: 12:24 p.m.     Status: Adopted
Number: 227978/01 (PDF)     Offered on: March 15, 2006   at: 12:24 p.m.     Status: Adopted
Number: 453524/01 (PDF)     Offered on: March 16, 2006   at: 1:48 p.m.     Status: Withdrawn
Roll Call Vote (Legislative date is shown):
Senate
March 20, 2006: Third Reading Passed (46-0)