Commercial Law – Automobile Financing Charges – Required Dealer Disclosures

HB 655 Commercial Law – Automobile Financing Charges – Required Dealer Disclosures

Maryland 2020 Regular Session

Commercial Law – Automobile Financing Charges – Required Dealer Disclosures
HB-655

About HB-655

Requiring a dealer who participates in finance charges associated with a contract for the sale of a vehicle to disclose certain information to a buyer in writing on a document that is separate from the financing agreement before executing a financing agreement on a contract for the sale of a vehicle; etc.

  

Bill Texts

Engrossed 03/16/2020
Introduced 01/29/2020

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Sponsors (7)

Rep. Nick Mosby


Co-Sponsor

Sen. Karen Lewis Young


Co-Sponsor

Rep. Pamela Queen


Primary Sponsor

Rep. Lorig Charkoudian


Co-Sponsor

Rep. Julie Palakovich Carr


Co-Sponsor

Rep. Debra Davis


Co-Sponsor

Rep. Emily Shetty


Co-Sponsor

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History

Motion Special Order Until 3/18 (delegate Dumais) Adopted

03/17/2020

Floor Amendment {973824/1 (delegate Dumais) Adopted

03/16/2020

Second Reading Passed With Amendments

03/16/2020

Favorable With Amendments Report By Economic Matters

03/15/2020

Favorable With Amendments {243894/1 Adopted

03/15/2020

Motion Special Order Until Later This Session (delegate Szeliga) Adopted

03/15/2020

Motion Special Order Until 3/16 (delegate Dumais) Adopted

03/15/2020

First Reading Economic Matters

01/29/2020

Hearing 3/04 At 1:00 P.m.

01/29/2020

Subject(s)

Commercial Law - Consumer Protection Commerce And Business Consumer Protection Contracts Credit Dealers Disclosure Finance Companies Loans Motor Vehicles Motor Vehicle Dealers And Salesmen Prices Retail Sales Salaries And Compensation Signatures