2024 House Bill 5984

Trade: vehicles; used motor vehicle cancellation option agreement; provide for.

A bill to give certain rights to consumers of used motor vehicles; to create a contract cancellation option agreement; to provide remedies; and to prescribe requirements for used motor vehicle dealers.

AI Analysis – Experimental

The legislation introduces a contract cancellation option for used motor vehicle purchases under $50,000, allowing returns within two days, with specific fees and exemptions, effective 180 days after enactment.