Bills › 91st General Assembly
Relating to certain sales of auto club memberships and vehicle warranties
Topics:Business & economyInsurance
Where it is now
- Done: IntroducedJanuary 13, 2026
- Done: SubcommitteeJanuary 13, 2026
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Licensed loan officers would be allowed to offer people auto club memberships or vehicle warranties after approving a loan. They must provide a written note explaining that these purchases are optional and won't change whether the person gets the loan. If a person buys one, they can choose to pay for it separately or add the cost to their loan amount.1
Read the official explanation
This bill relates to certain sales of auto club memberships and vehicle warranties. _____ vehicle warranty (warranty). If the licensee offers the option to purchase a membership or warranty, the licensee shall: inform the borrower, in a written document initialed by the borrower, that the purchase of a membership or warranty is optional and will not affect the receipt of the loan by the borrower; if the borrower chooses to purchase a membership or warranty, permit the borrower either to pay for the cost with funds that are not the proceeds of the loan, or to include the cost in the total amount financed by the loan the borrower obtains from the licensee; and permit the borrower to cancel the membership or warranty and receive a full refund of the purchase price at any time within days following the date of purchase if the borrower has not used the membership or warranty. Under the bill, a membership or warranty shall not be included when calculating the maximum interest rate of a loan.
House subcommittee
Named January 13, 2026. On January 21, 2026 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Similar bills
- SF 2217 Relating to certain sales of auto club memberships and vehicle warranties91st General Assembly · Approved by committeeNearly identical
Matched by wording or an identical title.