An act relating to cancellation of motor vehicle purchases

S 47 creates a study committee to examine whether Vermont should allow car buyers to cancel purchases or return vehicles under specific conditions, such as after taking possession or before delivery. The committee, including state agency representatives and dealership stakeholders, will assess legal rights for buyers and potential impacts on dealerships. It must submit findings and recommendations to lawmakers by January 15, 2026, before any policy changes are considered. This bill does not change current law but initiates a review process.