AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- DECEPTIVE TRADE PRACTICES

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 3 Sponsors 1

Prohibits disclosure terms "down payment", "money down", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle.

Chamber: House
Introduced: Feb 26, 2025
Last action: Mar 13, 2025 — 03/13/2025 Committee recommended measure be held for further study
Sponsor: Brian Newberry R
Session: 2025
Momentum: 5 · Stalled