DE HB295 | 2023-2024 | 152nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 5 2024 - 25% progression
Action: 2024-03-05 - Reported Out of Committee (Public Safety & Homeland Security) in House with 5 On Its Merits
Text: Latest bill text (Draft #2) [HTML]

Summary

Currently Delaware has no cap on dealer processing fees which permits motor vehicle dealers to arbitrarily charge whatever amounts they wish leading to great discrepancy of these fees among dealers and a lack of protection for consumers. Currently Pennsylvania has a $449 statutory cap on dealer processing fees and Maryland has a $500 statutory cap. This is a Substitute bill that in addition to defining dealer processing fees and setting a statutory cap of $475 on the dealer processing fee also clarifies that the fee does not include any fees payable to the Division of Motor Vehicles. This Substitute bill also adds the requirement that the dealer conspicuously disclose all required items in the bill of sale, in 10-point font or larger, if typed. This Act also makes technical corrections to conform existing law to the Delaware Legislative Drafting Manual.

Tracking Information

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Title

An Act To Amend Title 21 Of The Delaware Code Relating To Dealer Processing Fees.

Sponsors


History

DateChamberAction
2024-03-05 Reported Out of Committee (Public Safety & Homeland Security) in House with 5 On Its Merits
2024-03-05 Adopted in lieu of the original bill HB 295, and Assigned to Public Safety & Homeland Security Committee in House

Delaware State Sources


Bill Comments

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