Summary of the Committee Version of the Bill

HB 505 -- MERCHANDISING PRACTICES

CO-SPONSORS:  Byrd, Villa

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Transportation and Motor Vehicles by a vote of 18 to 0.

This bill prohibits rental companies from collecting more on
claims for damages to or loss of rental vehicles than the actual
cost of repair or the actual cash value less salvage or disposal
proceeds.  The bill also permits the claim to be based upon a
repair invoice prepared by a repair facility.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say prohibiting rental companies from
collecting more on claims for damages to or loss of rental
vehicles than the actual cost of repair or the actual cash value
less salvage or disposal proceeds is only a fair business
practice.

Testifying for the bill were Representative Byrd; and Enterprise
Auto Rental.

OPPONENTS:  There was no opposition voiced to the committee.

Robert Triplett, Legislative Analyst

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Last Updated July 25, 2003 at 10:12 am