Asset Protection Products; Specifies requirement regarding amount charged or financed for vehicle value protection agreement; specifies financial security requirements for providers; requires vehicle value protection agreements to include certain written disclosures in clear & understandable language & state terms, restrictions, or conditions governing cancellation; defines "excess wear & use waiver"; authorizes retail lessee to contract with retail lessor for an excess wear & use waiver; prohibits conditioning terms of consumer's motor vehicle lease on his or her payment for any excess wear & use waiver; requires certain disclosures for lease agreement that includes an excess wear & use waiver.
Laid on Table, companion bill(s) passed, see CS/CS/SB 902 (Ch. 2024-142)
1st Reading (Committee Substitute 2)
Bill referred to House Calendar
Added to Second Reading Calendar
CS Filed
Laid on Table under Rule 7.18(a)
Reported out of Commerce Committee
Favorable with CS by Commerce Committee
Added to Commerce Committee agenda
Favorable by State Administration & Technology Appropriations Subcommittee
Now in Commerce Committee
Reported out of State Administration & Technology Appropriations Subcommittee
Added to State Administration & Technology Appropriations Subcommittee agenda
1st Reading (Committee Substitute 1)
Referred to State Administration & Technology Appropriations Subcommittee
Referred to Commerce Committee
Now in State Administration & Technology Appropriations Subcommittee
CS Filed
Laid on Table under Rule 7.18(a)
Reported out of Insurance & Banking Subcommittee
Favorable with CS by Insurance & Banking Subcommittee
Added to Insurance & Banking Subcommittee agenda
1st Reading (Original Filed Version)
Referred to Insurance & Banking Subcommittee
Now in Insurance & Banking Subcommittee
Referred to Commerce Committee
Referred to State Administration & Technology Appropriations Subcommittee
Filed
Bill Text Versions | Format |
---|---|
H 605 Filed | |
H 605 c1 | |
H 605 c2 |
Document | Format |
---|---|
365049 - Amendment to H 605 Filed | |
Bill Analysis -- Commerce Committee (Post-Meeting) (2/16/2024 5:14 PM) | |
Bill Analysis -- State Administration & Technology Appropriations Subcommittee (Post-Meeting) (2/6/2024 3:53 PM) | |
Bill Analysis -- Insurance & Banking Subcommittee (Post-Meeting) (5/7/2024 2:52 PM) |
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