House Bill 2983

Provides minor who acquires vehicle with right to rescind or cancel transaction within three business days of transaction date. Requires certain actions and disclosures for valid vehicle transaction. Specifies requirements for rescission or cancellation notice. Requires vehicle dealer to return payment, property or other thing of value exchanged for possession of vehicle upon receipt of rescission or cancellation notice. Authorizes vehicle dealer to charge or withhold from payment, property or thing of value amount equivalent to per-mile rental value of vehicle and entire amount of expenses incurred for repair of vehicle. Specifies form and contents of notice to minor of right to rescind or cancel transaction. Requires vehicle dealer to retain original notice and provide copy to minor. Voids any contract or agreement that purports to waive minor's right to rescission or cancellation. Authorizes Department of Transportation to adopt rules to implement and enforce Act. Punishes violation of provisions of Act by maximum of one year's imprisonment, $6,250 fine, or both. Permits Department of Transportation to impose civil penalty of not more than $1,000 for violation of provisions of Act. Declares emergency, effective on passage.

In the House of Representatives

• Brian Clem

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Mar 6 – Jun 28

1. Mar 6Introduced
2. Mar 12Sent to Consumer Protection
3. Apr 9Heard in Consumer Protection
4. Jun 28Died when the session ended