Plain English Breakdown
Checked against official source text during the last sync.
Amendment to House Bill No. 162 on Disclosure Rules
This amendment clarifies that only subsection (a) of section 2599 is considered an unlawful practice under specific state laws, while other requirements are enforced through private legal actions.
What This Bill Does
- States that a violation of subsection (a) of section 2599 counts as an unlawful practice under § 2513 of Title 6 and subchapter II of Chapter 25 of Title 6.
- Notes that other requirements in the Act are enforced by private right of action instead of being classified as unlawful practices.
- Allows required disclosures and contracts to be written or electronic documents depending on how parties communicate.
- Requires physical paper copies if the primary contact between parties happens in person.
- Permits electronic transmission of documents if the primary communication is digital.
Who It Names or Affects
- Parties involved in transactions requiring disclosure under section 2599
- Entities entering into contracts referenced in subsection (d) of section 2599
Terms To Know
- Unlawful practice
- A violation specifically defined under § 2513 of Title 6 and subchapter II of Chapter 25 of Title 6.
- Private right of action
- The method used to enforce requirements other than subsection (a) of section 2599, allowing individuals to take legal action rather than relying solely on government enforcement.
Limits and Unknowns
- The bill was stricken in the House on June 17, 2025.
- No effective date is listed for this amendment because it did not pass final legislative action as shown here.