Financial services; right of buyer to refinance certain payments, exemption.
Summary
Financial services; right of buyer to refinance certain payments; exemption. Provides that provisions authorizing a buyer of consumer goods to refinance an installment payment when such payment is greater than 10 percent more than the regular installment payments do not apply to the purchase of a motor vehicle, provided that the financing agreement includes a payment schedule that is disclosed to the buyer and no installment payment is more than 50 percent greater than the regular installment payments.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2026
Last action Feb 18, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
Feb 10, 2026
Lower · Passed
Subcommittee recommends striking from the docket (9-Y 0-N)
lower
Feb 3, 2026
Committee
Assigned HCL sub: Subcommittee #1
lower
Jan 23, 2026
Committee
Referred to Committee on Labor and Commerce
lower
Jan 23, 2026
Introduced
Presented and ordered printed 26103567D
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rip Sullivan
DDemocratic
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