RELATING TO MOTOR VEHICLES.
Sponsored By: Darius K. Kila (Democratic)
In Committee
Summary
Prohibits, for sales or offers for sale of new motor vehicles, markups in excess of five per cent of the manufacturer's suggested retail price, markups in excess of $0 when specified in a proclamation declaring a state of emergency, and charges added to rates not based on the underwriting risk or credit characteristics of the consumer when dealers directly finance motor vehicle purchases. Requires dealers to retain records for markups for a period of no less than three years.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Darius K. Kila
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
The committee(s) on TRN recommend(s) that the measure be deferred.
2/5/2026HouseBill scheduled to be heard by TRN on Thursday, 02-05-26 9:30AM in House conference room 430 VIA VIDEOCONFERENCE.
2/3/2026HouseReferred to TRN, PBS, CPC, referral sheet 1
1/26/2026HouseIntroduced and Pass First Reading.
1/21/2026HousePrefiled.
1/20/2026House
Bill Text
Original
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