HB1505
Financial services; right of buyer to refinance certain payments, exemption.
Status:
In House
Latest Action:
Feb. 3, 2026
House: Assigned HCL sub: Subcommittee #1
Chief Patron:
Rip Sullivan (D)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) to the buyer and no installment payment is more than 50 percent greater than the regular installment payments. (Less)-
Bill History
- 01/23/2026 - House: Presented and ordered printed 26103567D
- 01/23/2026 - House: Referred to Committee on Labor and Commerce
- 02/03/2026 - House: Assigned HCL sub: Subcommittee #1
