Used Car Safety Recall Repair Act
This bill requires used car dealers to fix safety defects before selling a vehicle, unless specific exceptions apply. It mandates that manufacturers reimburse dealers 1% of a vehicle's fair market value per month (prorated daily) if they fail to provide a repair within 60 days of a recall notification. The law directly affects dealers selling used cars and manufacturers who delay safety remedies, ensuring consumers aren't sold vehicles with unresolved safety issues. Exceptions include cases where recall information wasn't available at sale or for wholesale/junk vehicles meeting reporting requirements.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 22, 2024
Last action Mar 22, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 22, 2024
Committee
Read twice and referred to the Committee on Commerce, Science, and Transportation.
upper
Mar 22, 2024
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard Blumenthal
DDemocratic
Co
Edward J. Markey
DDemocratic
Co
Elizabeth Warren
DDemocratic
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