Bill Text: CA SB80 | 2023-2024 | Regular Session | Introduced

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Bill Title: Retail installment contracts.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed) 2023-09-07 - Ordered to inactive file on request of Assembly Member Bryan. [SB80 Detail]

Download: California-2023-SB80-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Senate Bill

No. 80

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Introduced by Senator Laird

January 12, 2023

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An act to amend Section 1803.1 of the Civil Code, relating to civil law.

LEGISLATIVE COUNSEL'S DIGEST

SB 80, as introduced, Laird. Retail installment contracts.

Existing law, the Unruh Act, requires a retail installment contract to be dated and in writing. Existing law also requires the printed portion of the contract to be in 8-point type. A violation of the act is a crime.

This bill, beginning July 1, 2024, would require the printed portion of the contract to be in 12-point font. By expanding the scope of a crime, the bill would impose a state-mandated program.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: YES  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 1803.1 of the Civil Code is amended to read:

1803.1.

 A retail installment contract shall be dated and in writing; writing. Commencing July 1, 2024, the printed portion thereof shall be in at least eight-point 12-point type.

SEC. 2.

 No reimbursement is required by this act pursuant to Section 6 of Article XIII B of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIII B of the California Constitution.