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S07654Introduced in the Senate

Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.

IntroducedSenate Banks

Introduced by Siela Bynoe, District 6

What does this bill do?

Plain-English breakdown

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Official description

Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.

Where it stands

REFERRED TO BANKS

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. REFERRED TO BANKS

  2. 1ST REPORT CAL.1288

  3. 2ND REPORT CAL.

  4. ADVANCED TO THIRD READING

  5. COMMITTED TO RULES

  6. REFERRED TO BANKS

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