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Assembly committee advances SB 766 after months of negotiation; bill would create 3‑day used‑car cooling‑off and tighten advertising rules
Summary
The Assembly Consumer Protection and Privacy Committee voted to move SB 766 — a bill that would codify FTC car‑sale protections and create a three‑day cooling‑off period for many used cars — to Appropriations after late negotiations produced broad stakeholder agreement.
The Assembly Consumer Protection and Privacy Committee voted to send SB 766 to the Appropriations Committee after the author and stakeholders negotiated amendments that won broad support from consumer advocates and many dealer groups.
Senator Allen, the author, said the bill codifies the FTC’s CARS rule into state law and adds consumer protections for used‑car purchasers, including a three‑day cooling‑off period for used cars under $50,000 that does not require the buyer to prepay for a return option. The bill would also cap…
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