AB 1447

  • California Assembly Bill
  • 2011-2012 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 29, 2012
  • Passed Senate Aug 23, 2012
  • Signed by Governor Sep 29, 2012

Automobile sales finance: sellers.

Abstract

The Rees-Levering Motor Vehicle Sales and Finance Act regulates conditional sales contracts for motor vehicles, and, among other things, requires a person selling or leasing a motor vehicle under a conditional sale contract to disclose certain information to the buyer of the vehicle. A willful violation of those provisions is a misdemeanor and may render the contract unenforceable. A seller who violates the provisions of the act may also be liable to the buyer for monetary damages. This bill would require a buy-here-pay-here dealer, as defined, to issue a 30-day or 1,000-mile warranty to the buyer or lessee of a used vehicle bought or leased at retail price, and would require the warranty to cover the engine, transmission, drive axle, front and rear wheel drive components, engine cooling system, brakes, front and rear suspension systems, steering, seatbelts, inflatable restraint systems, catalytic converter or other emissions components, heater, seals and gaskets, electrical, electronic, and computer components, alternator, generator, starter, and ignition system. The bill would require the buy-here-pay-here dealer to either repair those covered parts that fail or, at the buy-here-pay-here dealer's election, to cancel the sale or lease and reimburse the buyer or lessee, as specified. The bill would require the buy-here-pay-here dealer to pay 100% of the cost of labor and parts for any repairs under the warranty. The bill would void an agreement for the purchase or lease of a vehicle that waives, limits, or disclaims these requirements. The bill would provide that a warranty is deemed to have been issued if a buy-here-pay-here dealer fails to issue a warranty pursuant to these provisions. The bill would prohibit a buy-here-pay-here dealer from requiring the buyer to make payments in person, with the exception of the downpayment for the vehicle, would prohibit the buy-here-pay-here dealer from repossessing the vehicle or charging a penalty following timely payment of a deferred downpayment, as specified, would prohibit the buy-here-pay-here dealer from, after the sale of the vehicle, tracking the vehicle using electronic tracking technology and from disabling the vehicle with starter interrupt technology, except as specified, and would make a violation of these prohibitions a misdemeanor punishable by a fine of up to $1,000. By creating a new crime, this bill would impose a state-mandated local program. The bill would also make findings and declarations related to buy-here-pay-here dealers, and would authorize the Department of Motor Vehicles to promulgate any necessary regulations. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.

Bill Sponsors (5)

Votes


Actions


Sep 29, 2012

California State Legislature

Approved by the Governor.

California State Legislature

Chaptered by Secretary of State - Chapter 740, Statutes of 2012.

Sep 05, 2012

California State Legislature

Enrolled and presented to the Governor at 4:45 p.m.

Aug 27, 2012

Assembly

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 53. Noes 25. Page 6380.).

Assembly

Assembly Rule 77 suspended. (Page 6357.)

Aug 24, 2012

Assembly

In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.

Aug 23, 2012

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 22. Noes 14. Page 4780.).

Aug 21, 2012

Senate

Read second time. Ordered to third reading.

Aug 20, 2012

Senate

Read third time and amended. Ordered to second reading.

Aug 08, 2012

Senate

Read second time. Ordered to third reading.

Aug 07, 2012

Senate

From committee: Do pass. (Ayes 5. Noes 2.) (August 6).

Aug 06, 2012

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.

  • Reading-2
  • Amendment-Introduction
  • Reading-1
  • Amendment-Passage
  • Referral-Committee
Com. on APPR.

Jul 05, 2012

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 3. Noes 1.) (July 3). Re-referred to Com. on APPR.

  • Referral-Committee
  • Committee-Passage
  • Committee-Passage-Favorable
Com. on APPR.

Jun 25, 2012

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.

  • Reading-2
  • Amendment-Introduction
  • Reading-1
  • Amendment-Passage
  • Referral-Committee
Com. on JUD.

Jun 13, 2012

Senate

Re-referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Senate

Withdrawn from committee.

Jun 07, 2012

Senate

Referred to Coms. on B. & F.I. and JUD.

  • Referral-Committee
Coms. on B. & F.I. and JUD.

May 29, 2012

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 49. Noes 25. Page 5035.)

May 23, 2012

Assembly

Read second time. Ordered to third reading.

May 22, 2012

Assembly

Read second time and amended. Ordered to second reading.

May 21, 2012

Assembly

From committee: Do pass as amended. (Ayes 12. Noes 5.) (May 16).

May 02, 2012

Assembly

Re-referred to Com. on APPR.

  • Referral-Committee
Com. on APPR.

May 01, 2012

Assembly

Read second time and amended.

Apr 30, 2012

Assembly

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (April 24).

Mar 26, 2012

Assembly

Referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Jan 05, 2012

Assembly

From printer. May be heard in committee February 4.

Jan 04, 2012

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1447 HTML
01/04/12 - Introduced PDF
05/01/12 - Amended Assembly PDF
05/22/12 - Amended Assembly PDF
06/25/12 - Amended Senate PDF
08/06/12 - Amended Senate PDF
08/20/12 - Amended Senate PDF
08/31/12 - Enrolled PDF
09/29/12 - Chaptered PDF

Related Documents

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Sources

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