Did not become law. It stopped in the Senate's Judiciary Committee on June 28, 2007. The 2007 session has ended.
2007 Regular Session
Senate Bill 538
Provides consumer in vehicle transaction with right to rescind or cancel transaction within three business days of transaction date.
What it does
The synopsis the Legislative Assembly published with the bill.
Provides consumer in vehicle transaction 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 rental value of vehicle and entire amount of expenses incurred for repair of vehicle. Specifies form and contents of notice to consumer of right to rescind or cancel transaction. Requires vehicle dealer to retain original notice and provide copy to consumer. Voids any contract or agreement that purports to waive consumer 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.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
February 12 to June 28, 2007, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the SenateFeb 12 to Jun 28 · stopped136 days
Waiting for a committeeFeb 12 to Feb 197 days
JudiciaryFeb 19 to Jun 28 · stopped129 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.