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Committee adopts technical amendment, advances vehicle financing disclosure bill to Senate floor
Summary
The Senate Committee on Labor and Business adopted a technical amendment and advanced House Bill 3,178 A to the Senate floor with a due‑pass recommendation; the bill would require sellers in motor‑vehicle retail installment or lease transactions to provide a disclosure including a 10‑day void right and contact information for enforcement.
During the committee’s work session the Senate considered House Bill 3,178 A (sponsored by Senator Taylor and Representative Sosa). Committee staff summarized the measure: it requires a seller in a motor‑vehicle retail installment contract or lease to provide a disclosure document that includes a…
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