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South Carolina Legislature
South Carolina Legislature

Senate Amendment 1
S 483 - Session 125 (2023-2024)
Consumer affairs

Current Amendment: 1 to Bill 483

Senator Hutto proposes the following amendment (LC-483.HA0013S):

Amend the bill, as and if amended, SECTION 1, by striking Section 37-2-307(E)(5) and inserting:

(d) for a fourth or subsequent violation in a twelve month period, the department may charge not more than a five thousand dollar administrative penalty, provided that cumulative administrative penalties shall not exceed one hundred thousand dollars in the twelve month period.

Amend the bill further, SECTION 1, by striking Section 37-2-307(F) and inserting:

(F) (1) It is the intent of the General Assembly to authorize a motor vehicle dealer to charge a closing fee in compliance with this section and to protect a motor vehicle dealer from civil liability for charging a closing fee if the fee is charged in compliance with this title and any Department of Consumer Affairs regulation or administrative interpretation. It is further the intent to protect consumers by the disclosure and notice provisions established in this section and with the remedies provided by this title.

(2) Nothing in this section is intended to prohibit the department from administering and enforcing other laws under the department's jurisdiction.