HB3921 Summary

• Amends the Consumer Fraud and Deceptive Business Practices Act to extend the contract cancellation period for consumers age 65 and older from 3 business days to 15 business days for door-to-door sales of $25 or more.

• Requires sellers to provide written notice to senior consumers clearly stating the 15-day cancellation period in the "Notice of Cancellation" form and other required disclosures.

• Applies the extended cancellation period to all related provisions including the requirement that sellers must return payments and goods within 10 business days of receiving a cancellation notice.

• Maintains all existing protections and requirements for standard (non-senior) consumers, including the 3-day cancellation period and seller obligations for returns and refunds.

• Effective January 1, 2018.