l9n/ Oregon

2023 Regular Session

House Bill 2801

Prohibits seller from selling or leasing motor vehicle if sale or lease is contingent upon lender's agreement to purchase retail installment contract or lease agreement.

Did not become law. It stopped in the House of Representatives's Business and Labor Committee on June 25, 2023. The 2023 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Prohibits seller from selling or leasing motor vehicle if sale or lease is contingent upon lender's agreement to purchase retail installment contract or lease agreement. Provides that if seller sells retail installment contract or lease agreement to lender, lender must provide final approval of funding within 14 days after buyer takes possession of motor vehicle. Provides that if lender does not agree to buy retail installment contract or lease agreement or agrees to buy on terms other than exact terms that seller and buyer agreed to, seller must retain retail installment contract or lease agreement, must notify buyer of seller's retention and may not thereafter sell, assign, transfer or delegate any of the benefits, duties or obligations of the contract or agreement. Provides that seller's failure to comply with provisions of Act deprives seller of right to collect payment due under contract or agreement and right to repossess motor vehicle.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

Its course

January 9 to June 25, 2023, 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 action4 actions on 4 days

In the House of RepresentativesJan 9 to Jun 25 · stopped167 days

Waiting for a committeeJan 9 to Jan 167 days

Business and LaborJan 16 to Jun 25 · stopped160 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.

In the House of Representatives Jan 9 – Jun 25

  1. Introduced
  2. Sent to Business and Labor
  3. Heard in Business and Labor
  4. Died when the session ended
All 4 actions, as published