AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- DECEPTIVE TRADE PRACTICES
Summary
Prohibits disclosure terms "down payment", "money down", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle.
Bill status
died
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2026
Last action Apr 2, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 2, 2026
Committee
04/02/2026 Committee recommended measure be held for further study
legislature
Mar 6, 2026
Introduced
03/06/2026 Introduced, referred to House Corporations
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brian Newberry
RRepublican
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