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ID H0576
Bill
Status
Engrossed
2/16/2026
Primary Sponsor
Transportation and Defense Committee
Click for details
AI Summary
- Restricts eligibility for Idaho Consumer Asset Recovery (ICAR) Fund claims to Idaho residents or persons who were Idaho residents at the time of the motor vehicle purchase
- Claims may be filed for actual losses from fraud by licensed motor vehicle dealers or violations of consumer protection statutes in connection with vehicle purchases or leases on or after July 1, 2014
- Claims must be filed no sooner than 45 days and no later than 1 year after a court judgment becomes final
- Motor vehicle dealers, financial institutions, and floorplan providers are excluded from submitting claims to the fund
- Declared an emergency measure with an effective date of July 1, 2026
Legislative Description
Amends existing law to establish an Idaho residency requirement to receive funds from ICAR.
MOTOR VEHICLES
Last Action
Signed by President; returned to House
3/16/2026
Committee Referrals
Transportation2/17/2026
Transportation and Defense2/4/2026
Full Bill Text
No bill text available