SPRINGFIELD, Ill. (WAND) — An Illinois bill to crackdown on third party warranties for car dealerships passed a Senate committee unanimously.
The plan would require any warranty deal outside the dealership to provide a copy of the contract which clearly displays a summary of all the costs.
These costs would include deductibles, service fees, coverage limits and repairs or services not covered by the contract. State Sen. Michael Halpin (D-Rock Island) said he's seen these type of contracts in his district.
"Transactions they'll have you pay for sometimes are lost in the fine print," Halpin said. "So what this is designed to do is to get on very specific disclosure all in one place as to what's covered and what's not."
With the proposal passing the Senate consumer protection committee unanimously, the bill will head to the Senate floor for further debate.
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