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CT SB00561

Bill

Official Source

Status

Introduced

1/23/2017

Primary Sponsor

Catherine Osten

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Permits new or used car dealers to arrange escrow accounts for motor vehicle purchasers' taxes and insurance payments
  • Applies only to dealers who arrange retail financing for vehicle purchases
  • Allows dealers to facilitate escrow services as part of financing arrangements
  • Referred to Committee on Transportation

Legislative Description

An Act Concerning Motor Vehicle Escrow Services.

Last Action

Vote to Draft

3/1/2017

Committee Referrals

Transportation1/23/2017

Full Bill Text

No bill text available