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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 buyer’s right to void the transaction within 10 calendar days unless specified circumstances apply, contact information for the Oregon State Bar and Department of Justice if the seller fails to comply, and a statement that the document is available in multiple languages.
The committee considered and adopted the dash‑A4 amendment, which staff described as a technical (Scribner’s) correction. Vice Chair Bonham moved adoption of the amendment; there was no recorded objection and the amendment was adopted. Vice Chair Bonham then moved that the bill as amended be reported to the Senate floor with a due‑pass recommendation; there was no recorded objection and the motion passed. Chair Taylor announced she will carry the bill to the floor.
The transcript does not record debate on policy merits; action in the work session consisted of adopting the technical amendment and advancing the bill to the full Senate.
