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2004 SESSION
HB 1046 Motor vehicle purchases; cure offers for consumer disputes.
Introduced by: Clifford L. Athey, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Consumer Protection Act; admissibility of cure offers. Permits a supplier to introduce a cure offer into evidence in a proceeding for damages under the Consumer Protection Act if the cure offer is delivered prior to the filing of the supplier's initial responsive pleading. If the damages awarded in the proceeding do not exceed the value of the cure offer, the supplier will not be liable for the person's attorneys' fees and court costs. A cure offer is an offer to remedy a loss claimed to be suffered as a result of a consumer transaction, which includes an additional amount of at least 10 percent or $500, whichever is greater; however, the minimum additional amount need not exceed $2,500.
FULL TEXT
HISTORY
- 01/14/04 House: Presented & ordered printed, prefiled 01/14/04 040451328
- 01/14/04 House: Referred to Committee on Commerce and Labor
- 02/05/04 House: Stricken from docket by C. & L. (22-Y 0-N)