AB 2042,
as amended, Levine. Vehicle Leasing Act: zero-emission vehicles: option tobegin delete purchase or renew lease.end deletebegin insert purchase.end insert
Existing law, the Vehicle Leasing Act, specifies requirements for contracts for leases of motor vehicles, including the requirement that the contract contain prescribed information regarding the motor vehicle and the terms of the lease. Existing law makes a violation of the act’s provisions a misdemeanor.
This bill would require a lease contract for the lease of a zero-emission vehicle that was counted by the manufacturer towards meeting the requirements of the State Air Resources Board to contain the option for the lessee to purchase the vehiclebegin delete or to renew the lease agreement for the vehicle for 2 years or more,end delete at the end of thebegin delete firstend delete lease term. The bill
would exempt a violation of these requirements from the misdemeanor provision and make related changes.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 2986.55 is added to the Civil Code, to
2read:
(a) A lease contract for the lease of a zero-emission
4vehicle that was counted by the manufacturer towards meeting the
5requirements of the zero-emission vehicle standards of the State
6Air Resources Board shall contain the option for the lessee to
7purchase the vehiclebegin delete or renew the lease agreement for the vehicle at the end of the
8for two years or more,end deletebegin delete firstend delete lease term.
9(b) Section 2989.8 shall not apply to a violation of subdivision
10(a).
Section 2989.8 of the Civil Code is amended to read:
Except as otherwise provided in this chapter, a person
13who knowingly and willfully violates any provision of this chapter
14shall be guilty of a misdemeanor.
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