Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the ex
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the exact terms that the seller and buyer negotiated.” Read the full text
2025R1 session
What it does
Digest: Sets out rules a seller must follow when making a sale or lease of a motor vehicle that involves installment payments. (Flesch Readability Score: 60.6). Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the exact terms that the seller and buyer negotiated. Requires the seller to undertake certain actions if the lender does not
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Chaptered (Chapter 81) (latest official status) · Jun 6, 2025
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
0
sponsors on the bill
Recorded votes
House concurred in Senate amendments and repassed bill.House · 2025-05-06 · Aye 49, Excused 9, Excused for Business 2
Third reading. Carried by Taylor. Passed.Senate · 2025-05-01 · Aye 24, Excused 3, Nay 2
Recorded voteSenate · 2025-04-24 · Aye 5
Third reading. Carried by Sosa. Passed.House · 2025-04-10 · Aye 53, Excused for Business 3, Excused 4
Recorded voteHouse · 2025-04-01 · Excused 2, Aye 8
Roll-call results shown verbatim from the Oregon legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Chaptered (Chapter 81) · effective Jan 1, 2026.