Loading chat...
CA AB483
Bill
Status
10/10/2025
Primary Sponsor
Jacqui Irwin
Click for details
AI Summary
-
Requires sellers using fixed term installment contracts (entered into or modified on or after August 1, 2026) to provide clear, conspicuous written disclosure of the total early termination fee or the calculation formula and maximum possible fee at the time of contract signing
-
Caps early termination fees at 30% of the total contract amount for fixed term installment contracts
-
Broadband internet providers complying with federal broadband consumer label requirements (47 C.F.R. Sec. 8.2(a)) are automatically deemed compliant with disclosure requirements
-
Exempts contracts already regulated by state or federal laws providing greater consumer protections, as well as home improvement contracts
-
Any waiver of these consumer protections is void and unenforceable as contrary to public policy
Legislative Description
Fixed term installment contracts: early termination fees.
Last Action
Chaptered by Secretary of State - Chapter 557, Statutes of 2025.
10/10/2025