Vermont S 310: An act relating to use value appraisals

Bill Text

BILL AS INTRODUCED S.310
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VT LEG #385906 v.1
S.310 1
Introduced by Senators Brock, Beck, Bongartz, Chittenden, Clarkson, 2
Collamore, Hardy, Ingalls, Major, Mattos, Morley, Norris, 3
Plunkett, Ram Hinsdale, Weeks, Westman and Williams 4
Referred to Committee on 5
Date: 6
Subject: Commerce and trade; consumer protection 7
Statement of purpose of bill as introduced: This bill proposes to amend 8
consumer notification requirements to provide that any indefinite renewal 9
subscription shall provide the consumer with an annual notification of the right 10
to terminate. 11
An act relating to subscription renewal notifications 12
It is hereby enacted by the General Assembly of the State of Vermont: 13
Sec. 1. 9 V.S.A. § 2454a is amended to read: 14
§ 2454a. CONSUMER CONTRACTS; AUTOMATIC RENEWAL 15
(a) A contract between a consumer and a seller or a lessor with an initial 16
term of one year or longer that renews for a subsequent term that is longer than 17
one month shall not renew automatically unless: 18
(1) the contract states clearly and conspicuously the terms of the 19
automatic renewal provision in plain, unambiguous language in bold-face type; 20

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VT LEG #385906 v.1
(2) in addition to accepting the contract, the consumer takes an 1
affirmative action to opt in to the automatic renewal provision; and 2
(3) if the consumer opts in to the automatic renewal provision, the seller 3
or lessor provides a written or electronic notice to the consumer: 4
(A) not less than 30 days and not more than 60 days before the 5
earliest of: 6
(i) the automatic renewal date; 7
(ii) the termination date; or 8
(iii) the date by which the consumer must provide notice to cancel 9
the contract; and 10
(B) that includes: 11
(i) the date the contract will terminate and a clear statement that 12
the contract will renew automatically unless the consumer cancels the contract 13
on or before the termination date; and 14
(ii) the length and any additional terms of the renewal period. 15
(b) A seller or lessor under a contract subject to subsection (a) of this 16
section shall: 17
(1) provide to the consumer a toll-free telephone number, e-mail email 18
address, a postal address if the seller or lessor directly bills the consumer, or 19
another cost-effective, timely, and easy-to-use mechanism for canceling the 20
contract; and 21

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VT LEG #385906 v.1
(2) if the consumer accepted the contract online, permit the consumer to 1
terminate the contract exclusively online, which may include a termination e-2
mail email formatted and provided by the seller or lessor that the consumer can 3
send without additional information. 4
(c) A person who violates a provision of this section commits an unfair and 5
deceptive act in commerce in violation of section 2453 of this title. 6
(d) The provisions of this section do not apply to: 7
(1) a contract between a consumer and a financial institution, as defined 8
in 8 V.S.A. § 11101, or between a consumer and a credit union, as defined in 9
8 V.S.A. § 30101; or 10
(2) a contract for insurance, as defined in 8 V.S.A. § 3301a. 11
(e) A seller or a lessor, under any contract between a consumer and a seller 12
or a lessor with an initial term of one month or longer that renews indefinitely 13
without termination by the consumer, shall notify the consumer annually of the 14
right to terminate the contract. The notice required by this subsection shall 15
comply with the provisions of subsection (b) of this section. 16
Sec. 2. EFFECTIVE DATE 17
This act shall take effect on July 1, 2026. 18