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SB 229

AN ACT relating to prohibiting a retail seller of motor vehicles from

Senate Bill West
Filed

Filed

Bill introduced by legislator

Committee

Hearing

Passed Cmte

Calendar

Passed

Sent

Enrolled

Governor

Signed

89th Regular Session

Jan 14, 2025 - Jun 2, 2025 • Session ended

Awaiting Committee Assignment

Bill filed, pending referral to Senate committee

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Fiscal Note

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What This Bill Does

relating to prohibiting a retail seller of motor vehicles from

Subject Areas

Bill Text

relating to prohibiting a retail seller of motor vehicles from
imposing certain restrictions on the purchase of a motor vehicle.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Subchapter E, Chapter 348, Finance Code, is
amended by adding Section 348.415 to read as follows:
Sec. 348.415.  RESTRICTIONS ON MOTOR VEHICLE PURCHASES
FUNDED OR FINANCED USING PROSPECTIVE BUYER'S OWN MONEY OR
THIRD-PARTY FINANCING PROHIBITED.  (a)  A retail seller may not
increase the sale price of a motor vehicle for a prospective buyer
who purchases a motor vehicle with:
(1)  the prospective buyer's own money; or
(2)  a loan from a third-party lender who is neither the
retail seller nor affiliated with the retail seller.
(b)  A retail seller may not prohibit a prospective buyer
from paying the sale price at the time of sale with:
(1)  the prospective buyer's own money; or
(2)  a loan from a third-party lender who is neither the
retail seller nor affiliated with the retail seller.
(c)  A retail seller may not make a false or misleading
representation that is inconsistent with this section.
SECTION 2.  The changes in law made by this Act apply only to
an agreement entered into on or after the effective date of this
SECTION 3.  This Act takes effect September 1, 2025.

Bill History

filed

Bill filed: AN ACT relating to prohibiting a retail seller of motor vehicles from