Prohibits a warrantor from accepting a fee from a resident for an extended warranty unless the warrantor knows that the resident's motor vehicle qualifies for coverage under the extended warranty. Requires the warrantor to request and obtain information needed to assess whether the motor vehicle qualifies for coverage. Requires a warrantor to provide coverage under an extended warranty for a motor vehicle that does not qualify for coverage if the warrantor accepted a fee to provide the extended warranty.
Punishes a violation of the Act as an unlawful practice under the Unlawful Trade Practices Act. Takes effect on the 91st day following adjournment sine die.
No hearings or votes scheduled.