Bills › 91st General Assembly
Relating to certain sales of auto club memberships and vehicle warranties
Topics:Business & economyInsurance
Same legislation: SF 2217
Where it is now
- Done: IntroducedJanuary 22, 2026
- Done: SubcommitteeJanuary 22, 2026
- Done: Senate committeeFebruary 4, 2026
- Skipped: Passes the SenateContinued as SF 2217
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2217 → Its progress continues under the new number. Go to SF 2217 What’s a funnel?
What’s in it
AI summary Licensed loan officers can offer people the chance to buy vehicle warranties or auto club memberships after a loan is approved. If they make this offer, the officer must provide a written note explaining that the purchase is optional and won't change whether the person gets the loan. Borrowers can choose to pay for these items separately or add the cost to their loan, and they can get a full refund if they cancel shortly after buying them without using the service.1
Read the official explanation
This bill relates to certain sales of auto club memberships and vehicle warranties. Under the bill, a licensed loan officer (licensee) may, after approving a loan to a borrower, offer the borrower the option to purchase an auto club membership (membership) or vehicle warranty (warranty). _____ 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.
Senate subcommittee
Named January 22, 2026. On February 4, 2026 it recommended amendment and 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
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91st General Assembly
Similar bills
- HSB 523 Relating to certain sales of auto club memberships and vehicle warranties91st General Assembly · Subcommittee recommends passageNearly identical
Matched by wording or an identical title.