Legislation

Title: Commercial Law – Automobile Financing Charges – Required Dealer Disclosures
Sponsored by: Delegates Queen, Charkoudian, D.M. Davis, Mosby, Palakovich Carr, Shetty, and K. Young
Status: In the House - Special Order until 3/18 (Delegate Dumais) Adopted
Analysis: Fiscal and Policy Note

Synopsis

Requiring a dealer who participates in finance charges associated with a contract for the sale of a vehicle to disclose certain information to a buyer in writing on a document that is separate from the financing agreement before executing a financing agreement on a contract for the sale of a vehicle; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Consumer Protection - Automobile Financing Charges - Required Dealer Disclosures Proceedings
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Hearing 3/04 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/15/2020 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/15/2020 Legislative Date 3/11/2020 Action Favorable with Amendments {243894/1 Adopted Proceedings 48AClick to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/11/2020 Action Motion Special Order until Later This Session (Delegate Szeliga) Adopted Proceedings 48AClick to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/12/2020 Action Motion Special Order until 3/16 (Delegate Dumais) Adopted Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Floor Amendment {973824/1 (Delegate Dumais) Adopted Proceedings 49AClick to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Second Reading Passed with Amendments Proceedings 49AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commercial Law – Automobile Financing Charges – Required Dealer Disclosures Proceedings
Chamber House Calendar Date 3/17/2020 Legislative Date 3/13/2020 Action Motion Special Order until 3/18 (Delegate Dumais) Adopted Proceedings 50 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/29/2020	1/29/2020	First Reading Economic Matters
			Text - First - Consumer Protection - Automobile Financing Charges - Required Dealer Disclosures
House	1/29/2020	1/29/2020	Hearing 3/04 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/15/2020	3/15/2020	Favorable with Amendments Report by Economic Matters
House	3/15/2020	3/11/2020	Favorable with Amendments {243894/1 Adopted	48AClick to view Recorded Media
House	3/15/2020	3/11/2020	Motion Special Order until Later This Session (Delegate Szeliga) Adopted	48AClick to view Recorded Media
House	3/15/2020	3/12/2020	Motion Special Order until 3/16 (Delegate Dumais) Adopted	49 Click to view Recorded Media
House	3/16/2020	3/12/2020	Floor Amendment {973824/1 (Delegate Dumais) Adopted	49AClick to view Recorded Media
House	3/16/2020	3/12/2020	Second Reading Passed with Amendments	49AClick to view Recorded Media
			Text - Third - Commercial Law – Automobile Financing Charges – Required Dealer Disclosures
House	3/17/2020	3/13/2020	Motion Special Order until 3/18 (Delegate Dumais) Adopted	50 Click to view Recorded Media

File Code

Subjects

Statutes