AB 1743

  • California Assembly Bill
  • 2015-2016 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 19, 2016
  • Senate
  • Governor

Electronic transactions: motor vehicle finance.

Abstract

Existing law, the Uniform Electronic Transactions Act (UETA) , generally allows parties to contract to conduct transactions by electronic means, imposes specified requirements on electronic transactions in order to comply with the act, and provides specified protections for electronic transactions conducted pursuant to the act. Existing law defines and regulates the form and content of conditional sale contracts and lease contracts for motor vehicles and excepts these contracts from the application of the UETA. This bill would delete the exemption from the UETA for conditional sale and lease contracts for motor vehicles. The bill would require sellers and lessors to offer buyers and lessees the option of signing their respective contracts and agreements electronically. The bill would require certain disclosures to be made in this regard and to be in a document separate from a conditional sale contract or lease contract. The bill would prohibit a seller or lessor from charging a buyer or lessee for a decision not to sign electronically and would prohibit charging more or less for vehicles based on the decision to sign electronically. The bill would require that the disclosures described here be signed at the seller's or lessor's place of business. This bill would require an exact copy of the executed contract to be furnished to the buyer or provided to the lessee at the time the contract is electronically signed, as specified.

Bill Sponsors (2)

Votes


Actions


Jun 28, 2016

Senate

In committee: Set, second hearing. Hearing canceled at the request of author.

Jun 20, 2016

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.

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

Jun 15, 2016

Senate

In committee: Set, first hearing. Hearing canceled at the request of author.

May 26, 2016

Senate

Referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

May 19, 2016

Senate

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

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4855.)

May 05, 2016

Assembly

Read second time. Ordered to third reading.

May 04, 2016

Assembly

Read second time and amended. Ordered returned to second reading.

May 03, 2016

Assembly

From committee: Amend, and do pass as amended. (Ayes 10. Noes 0.) (May 3).

Apr 26, 2016

Assembly

Re-referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Apr 25, 2016

Assembly

Read second time and amended.

Apr 21, 2016

Assembly

From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 11. Noes 0.) (April 19).

Feb 18, 2016

Assembly

Referred to Com. on P. & C.P.

  • Referral-Committee
Com. on P. & C.P.

Feb 02, 2016

Assembly

From printer. May be heard in committee March 3.

Feb 01, 2016

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1743 HTML
02/01/16 - Introduced PDF
04/25/16 - Amended Assembly PDF
05/04/16 - Amended Assembly PDF
06/20/16 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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