Relating to conditions for financing a transaction involving a motor vehicle.

Added Representative GRAYBER as a co-sponsor of the bill.

Updated the digest to clarify that sellers have 10 calendar days to secure lender approval instead of 2 days.

Added a new definition for 'Lender' to clarify who qualifies as a purchaser of retail installment contracts.

Reorganized the disclosure form layout to group information by category and added contact details for legal referral and consumer complaint filing.

Changed the bill's version designation from A-Engrossed to B-Engrossed, reflecting Senate amendments.

Extended the buyer's right to void a transaction if financing fails from two days to ten calendar days after taking possession of the vehicle.

Added specific disclosure requirements that sellers must provide buyers with a conspicuous notice containing vehicle information, seller contact details, and rights information in English.

Clarified that sellers must make good faith efforts to sell the financing contract to a lender on the exact terms negotiated between seller and buyer.

Added specific prohibitions against sellers selling or paying off trade-in vehicles before receiving final lender approval of funding.

Removed the requirement for sellers to provide notices in six additional languages besides English, reducing the language requirement to English only.

Reorganized and clarified the definitions section to better define key terms like 'final approval of funding' and 'lender'.