HB2651 • 2025

Prohibits a person from charging as the sum of specified fees more than $150 or one half of one percent of the amount of a consumer finance loan made for the purpose of purchasing a motor vehicle or one half of one percent of cash sale price of the motor vehicle.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Representative Evans
Last action: 2025-06-27
Official status: In House Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Prohibits a person from charging as the sum of specified fees more than $150 or one half of one percent of the amount of a consumer finance loan made for the purpose of purchasing a motor vehicle or one half of one percent of cash sale price of the motor vehicle.

Digest: Says a person may not charge for a loan used to buy a car, or lease a car, fees that are more than the greater of $150 or one half of one percent of the loan amount or car price.

What This Bill Does

Digest: Says a person may not charge for a loan used to buy a car, or lease a car, fees that are more than the greater of $150 or one half of one percent of the loan amount or car price.
(Flesch Readability Score: 68.2).
Prohibits a person from charging as the sum of specified fees more than $150 or one half of one percent of the amount of a consumer finance loan made for the purpose of purchasing a motor vehicle or one half of one percent of cash sale price of the motor vehicle.
Applies the prohibition to retail installment sales and retail leases of motor vehicles.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-06-27 House
In committee upon adjournment.
2025-01-17 House
Referred to Commerce and Consumer Protection.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: Says a person may not charge for a loan used to buy a car, or lease a car, fees that are more than the greater of $150 or one half of one percent of the loan amount or car price. (Flesch Readability Score: 68.2).
Prohibits a person from charging as the sum of specified fees more than $150 or one half of one percent of the amount of a consumer finance loan made for the purpose of purchasing a motor vehicle or one half of one percent of cash sale price of the motor vehicle. Applies the prohibition to retail installment sales and retail leases of motor vehicles.
Relating to: Relating to fees charged in connection with consumer finance loans for purchasing motor vehicles.
Current location: In House Committee

Current Bill Text

Read the full stored bill text

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2651
Sponsored by Representative EVANS (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced. The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: Says a person may not charge for a loan used to buy a car, or lease a car, fees that are
more than the greater of $150 or one half of one percent of the loan amount or car price. (Flesch
Readability Score: 68.2).
Prohibits a person from charging as the sum of specified fees more than $150 or one half of one
percent of the amount of a consumer finance loan made for the purpose of purchasing a motor ve-
hicle or one half of one percent of cash sale price of the motor vehicle. Applies the prohibition to
retail installment sales and retail leases of motor vehicles.
A BILL FOR AN ACT
Relating to fees charged in connection with consumer finance loans for purchasing motor vehicles.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
Section 2 of this 2025 Act is added to and made a part of ORS chapter 725.
SECTION 2. (1) As used in this section:
(a) “Cash sale price” has the meaning given that term in ORS 83.510.
(b) “Financing agency” has the meaning given to that term in ORS 83.510.
(c) “Motor vehicle” has the meaning given that term in ORS 83.510.
(d) “Motor vehicle dealer” has the meaning given that term in ORS 83.510.
(e) “Retail lease” has the meaning given that term in ORS 83.510.
(f) “Retail installment sale” has the meaning given that term in ORS 83.510.
(2) A licensee, motor vehicle dealer or financing agency may not charge or collect in
connection with a consumer finance loan made for the purpose of purchasing a motor vehi-
cle, or in connection with a retail lease or retail installment sale, an amount that exceeds
the greater of $150, or one half of one percent of the lesser of the cash sale price of the
motor vehicle or the amount of the consumer finance loan, as the sum of any or all of the
following fees:
(a) An origination fee;
(b) An acceptance fee;
(c) A contract fee;
(d) A processing fee; or
(e) Any other fee or charge that is not a payment of interest or a repayment of the
principal on the consumer finance loan or is not a late fee or penalty that is related to a
borrower’s failure to timely pay interest or repay principal on the consumer finance loan.
SECTION 3.
Section 2 of this 2025 Act applies to consumer finance loans for the purchase
of motor vehicles and to a retail installment sale or retail lease that a person makes or re-
finances on or after the effective date of this 2025 Act.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 3490