SB2521 Summary

• Amends the Consumer Fraud and Deceptive Business Practices Act to regulate the use of electronic tracking technology and starter interrupt technology in motor vehicle credit sales, loans, and leases.

• Requires dealers and creditors to provide clear written disclosures in 12-point bold font describing the technology, permitted uses, warning procedures, and contact information before using these technologies on vehicles.

• Restricts use of starter interrupt technology to locating vehicles for repossession or servicing accounts, prohibits disabling engines after they are running, requires at least 48 hours advance warning before disabling a vehicle, and allows consumers to restart disabled vehicles for 24 hours at least once per payment cycle.

• Mandates that dealers and creditors obtain written consumer consent, cannot charge separate fees for the technology installation or wireless airtime, must remove technology within 5 days of loan payoff or 7 days after disabling a vehicle, and must comply with multilingual disclosure requirements for non-English speaking consumers.

• Establishes data privacy requirements for technology manufacturers, prohibits sale of tracking data except for optional services or aggregated non-identifying information, requires data destruction within 18 months of device termination, and provides consumers the right to recover actual damages plus attorney's fees for violations.