Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Assembly approves AB 483 to require clearer disclosure and cap early termination fees on fixed-term installment contracts
Summary
AB 483 passed the Assembly March 6, 2025; the bill requires sellers to clearly disclose early termination fees in fixed-term installment contracts and caps those fees at levels consistent with most current contracts, supporters said. A subsequent floor vote record change was entered for one member.
The Assembly voted on March 6, 2025, to pass AB 483 (read on the floor as AB 4 83), legislation that would require sellers offering fixed-term installment contracts to disclose any early termination fee and to cap such fees at a level the sponsors said most contracts already comply with.
Assemblymember Erwin, the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
