Bill Text: TX HB1532 | 2013-2014 | 83rd Legislature | Introduced

Texas House Bill 1532 (Prior Session Legislation)

Introduced

Bill Title: Relating to the approval requirement for a rental-purchase agreement that includes a loss damage waiver provision.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2013-04-02 - Left pending in committee [HB1532 Detail]

Download: Texas-2013-HB1532-Introduced.html

	83R3288 DDT-F

	By: Schaefer	H.B. No. 1532



	A BILL TO BE ENTITLED
	AN ACT
	relating to the approval requirement for a rental-purchase
	agreement that includes a loss damage waiver provision.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 92.153, Business & Commerce Code, is
	amended to read as follows:
	Sec. 92.153. RESTRICTIONS ON MERCHANT CONCERNING WAIVER. A
	merchant may not:
	(1) sell a loss damage waiver unless:
	(A) [~~the department has approved the form of~~] the
	contract containing the waiver complies with this chapter; and
	(B) the consumer agrees to the waiver in writing;
	or
	(2) impose or require the purchase of a loss damage
	waiver as a mandatory charge.
	SECTION 2. Sections 92.001(2) and (4), 92.158, 92.159, and
	92.160, Business & Commerce Code, are repealed.
	SECTION 3. (a) An administrative proceeding pending on the
	effective date of this Act that is related to a complaint filed
	under Section 92.160, Business & Commerce Code, as that section
	existed immediately before the effective date of this Act, is
	dismissed.
	(b) An administrative penalty assessed under Section
	92.160, Business & Commerce Code, as that section existed
	immediately before the effective date of this Act, and Chapter 51,
	Occupations Code, may be collected as provided by Chapter 51,
	Occupations Code.
	(c) Not later than the 60th day after the effective date of
	this Act, the Texas Department of Licensing and Regulation shall
	return a prorated portion of the fee paid by a merchant to the
	department under Section 92.159(2), Business & Commerce Code, as
	that section existed immediately before the effective date of this
	Act.
	SECTION 4. This Act takes effect September 1, 2013.