HB 6191 Summary

• Amends the Motor Vehicle Sales Finance Act to include "subscription service" as a definable term covering autonomous vehicle software programs, updates, navigation services, and safety services.

• Allows subscription service costs to be included in the cash price of a motor vehicle and financed as part of an installment sale contract, with the cost separately stated in the contract.

• Changes mandatory language from "shall" to "must" throughout sections 2, 13, and 18 of the Motor Vehicle Sales Finance Act for consistency with modern legislative drafting standards.

• Updates references to the Consumer Price Index capitalization and clarifies that finance charges must be computed under section 13(2)(g) rather than section 13(2)(f).