Bill Text: MA H396 | 2009-2010 | 186th General Court | Introduced

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Bill Title: That retailers be prohibited from imposing excessive finance charges on purchases by retail buyers of motor vehicles

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2009-01-20 - Referred to the Joint Committee on Consumer Protection and Professional Licensure [H396 Detail]

Download: Massachusetts-2009-H396-Introduced.html

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The Commonwealth of Massachusetts

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PRESENTED BY:

Matthew C. Patrick

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
��������������� Court assembled:

��������������� The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to the sale of motor vehicles.

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PETITION OF:

 

Name:	District/Address:
Matthew C. Patrick	3rd Barnstable

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 284 OF 2007-2008.]

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act relative to the sale of motor vehicles.

��������������� Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

����������� SECTION 1. .� Chapter 255B of the General Laws, is hereby amended by inserting after section 18 the following:-

����������� Section 18A.� A retail seller shall not charge a retail buyer any amount in excess of the finance charge set by a sales finance company.