2025 Regular Session
Overview
At the request of: | (at the request of Oregon Consumer Justice) |
Chief Sponsors: | |
Regular Sponsors: | |
Bill Title: | Relating to conditions for financing a transaction involving a motor vehicle. |
Catchline/Summary: | Requires in a transaction for a motor vehicle that is contingent upon a lender purchasing the retail installment contract or lease agreement negotiated between the seller and a buyer that the lender purchase the retail installment contract or lease agreement within two days after the transaction concludes or, if the sale of the retail installment contract or lease agreement does not occur, that the seller either void the transaction or agree to finance the transaction. |
Chapter Number: | |
Fiscal Impact: | May Have Fiscal Impact, But No Statement Yet Issued |
Revenue Impact: | |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | In House Committee |
Current Committee: | House Committee On Commerce and Consumer Protection |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |