Relating to consumer credit financing in the sale or lease of motor vehicles; to amend Section 8-37A-4 of the Code of Alabama 1975, as added by Act 2022-179 of the 2022 Regular Session, relating to motor vehicle value protection agreements and the requirements of a provider of the agreements to insure performance of the obligations of the provider; to further clarify the requirements of an insurance policy maintained by the provider for this purpose.
Summary
Motor vehicle value protection agreements, insurance policy of provider required to insure payments of obligations of provider
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2023
Committee Review
May 2023
House Passage
May 2023
Senate Passage
Governor
Introduced Mar 23, 2023
Last action May 31, 2023
Floor votes · House May 25, 2023
How they voted
100–0
Passed · 2 other
Total votes 102
May 25, 2023
D
Democratic27
100% Yea
R
Republican75
97% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
12
Key actions
5
Committee
5
May 31, 2023
Upper · Passed
Reported Out of Committee in Second House
upper
May 31, 2023
Upper · Passed
Reported Favorably (County and Municipal Government)
upper
May 26, 2023
Committee
Referred to Committee (County and Municipal Government)
upper
May 25, 2023
Lower · Passed
Read a Third Time and Pass
lower
Apr 5, 2023
Lower · Passed
Reported Out of Committee in House of Origin
lower
Apr 5, 2023
Lower · Passed
Reported Favorably (Insurance)
lower
Mar 23, 2023
Introduced
Introduced and Referred (Insurance)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Reed Ingram
RRepublican
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