Effective State Changes

ARIZONA

HB 2323 amends Arizona law to now include lessees within the definition of “consumer” under motor vehicle warranty laws, granting them the same rights as retail owners. Effective approximately September 25, 2026.

IDAHO

HB 742 modernizes the vehicle titling and lien system in Idaho. Effective July 1, 2026.

INDIANA

HB 1153 mandates that motor vehicle dealers verify and retain buyer identification documentation. Additionally, the bill creates a new Class A infraction if a dealer is operating without a state license. Effective July 1, 2026.

KENTUCKY

Following trends seen around the country, HB 648 updates and strengthens protections for obtaining reimbursement from manufacturers for warranty work. Beyond extending claim submission deadlines, the bill also makes it illegal for manufacturers to deny payment for replacement parts without thorough justification. Effective July 14, 2026.

Governor Andy Beshear signed SB 110 into law on April 13, 2026. The new law requires an electronic title, registration and lien system by January 1, 2027. In addition, the new system will allow for renewal notices via email or text, expands payment options for taxes and fees, and updates certain motor vehicle fees. Effective immediately.

SB 158 clarifies that vehicle protection products are not insurance and that it is illegal to condition credit or vehicle sales based on purchasing these products from motor vehicle dealers. Effective January 1, 2027.

MAINE

LD 2179 institutes a two-year pilot program to license online used car dealers that do not have a physical location in Maine and operate only digitally. Effective July 29, 2026.

MISSISSIPPI

The Small Loan Regulatory Law in Mississippi has been amended by SB 2712 to allow licensed lenders to charge a fee to purchase non-filing or nonrecording insurance instead of the cost to record a loan security instrument with the state. Effective July 1, 2026.

OKLAHOMA

The Department of Consumer Credit published the changes in dollar amounts which will become effective July 1, 2026. Included in the adjustments are the following:

Retail Installment Sales, §2-201:

The greater of:

30% of the amount financed up to $2,040; plus

21% of the excess to $6,800; plus

15% of the remainder to $73,400.

OR  21% Simple Interest

The dollar amounts under §3-508(A) remain the same. The allowable closing fee increases from $190.41 to $196.18.

For loans subject to §3-508B of the Oklahoma Code the maximum charge structure is:

Loan Amount	Acquisition Charge	Handling Charge
Up to $202.43		$6.75 per $33.75 of principal
$202.43-$236.25	1/10 of the amount of principal	$20.25 per month
$236.26-$472.50	1/10 of the amount of principal	$23.63 per month
$472.51-$675.00	1/10 of the amount of principal	$27.00 per month
$675.01-$1,012.50	1/10 of the amount of principal	$30.38 per month
$1,012.51-$1,350.00	1/10 of the amount of principal	$33.75 per month
$1,350.01-$1,687.50	1/10 of the amount of principal	$37.13 per month
$1,687.51-$2,025.00	1/10 of the amount of principal	$40.50 per month
$2,025.01-$2,500.00	1/10 of the amount of principal	$50.00 per month
$2,500.01-$3,125.00	1/10 of the amount of principal	$62.50 per month
$3,125.01-$3,750.00	1/10 of the amount of principal	$75.00 per month

The maximum delinquency charge for consumer credit sales and consumer loans will increase from $33.00 to $34.00. Effective July 1, 2026.

Governor Kevin Stitt signed SB 546 into law on March 20, 2026. The law gives Oklahoma consumers the right to access, correct, delete, and opt out of targeted advertising and data sales. Effective January 1, 2027.

OREGON

HB 4116 clarifies that Oregon’s consumer finance loan laws do not limit rights under other lending laws and excludes certain federal interest rate amendments from applying in Oregon. The law “opts out” of the Depository Institutions Deregulation and Monetary Control Act of 1980 also known as DIDMCA. Effective June 5, 2026.

SOUTH CAROLINA

The Department of Consumer Affairs released its biannual dollar bracket adjustment effective from July 1, 2026, through June 30, 2028. Among the dollar bracket adjustments are:

• The maximum amount for consumer credit sales, consumer leases, and consumer loans increases from $127,500 to $135,000. (§2.104(1)(e), §2.106(1)(b), and §3.104(d), respectively).
• The maximum delinquency charge for sales and loan transactions increases from $25.50 to $27.00. (§2.203(1) and §3.203(1), respectively).
• The minimum delinquency charge for sales and loan transactions increases from $10.20 to $10.80. (§ 2.203(2) and §3.203(2), respectively).
• The maximum loan term thresholds increased from $5,100 and $1,530 to $5,400 and $1,620 (§3.511).

Effective July 1, 2026.

TEXAS

Released in February 2026, the dollar amount brackets and ceilings subject to adjustment in the Texas Finance Code will increase as follows:

Consumer Loans – §342.201

(Add-On Rates)

$18 per $100 per annum of the cash advance to $2,760 plus,

$8 per $100 per annum of the excess to $23,000

OR

(Simple Melded Rates)

30% per annum of the cash advance to $4,600 plus,

24% of the excess to $9,660 plus,

18% of the remainder to $23,000

Alternate Consumer Loans Subchapter F – §342.251

Loan Amount	Acquisition Charge plus Installment Acct Handling Charge
Under $30:	$1 for each $5 cash advanced
From $30 up to $35:	12.5% cash advance plus $3 per month
From $35.01 up to $70:	12.5% cash advance plus $3.50 per month
From $70.01 up to $100:	12.5% cash advance plus $4 per month
From $100.01 up to $920:	12.5% plus $4 per month for each $100 of the cash advance; Max Acquisition Fee $130
From $920.01 up to $1,840:	12.5% plus $4 per month for each $100 of the cash advance; Max Acquisition Fee $130

Retail Installment Sales (“Other Goods”) – §345.055

(Add-On Rates)

$12 per $100 per annum of the principal balance to $4,600 plus,

$10 per $100 per annum of the excess to $9,200 plus,

$8 per $100 per annum of the remainder.

Effective July 1, 2026.

UTAH

Governor Spencer Cox signed HB 57 on March 23, 2026. This bill exempts street-legal ATVs from certain state registration requirements, and makes technical changes to Utah’s motor vehicle law and related tax laws. Effective in part May 6, 2026.

HB 228 adds and defines new categories of motor vehicle title brands and requires the Motor Vehicle Division to check VINs against the NMVTIS to identify and issue branded titles when relevant. Effective January 1, 2027.

SB 38 reorganizes Utah’s consumer protection laws and clarifies the powers of the Division of Consumer Protection. Effective in part May 6, 2026.

SB 190 allows registration for a non-commercial trailer for the length of its life by paying a fee four-times the annual rate. Effective January 1, 2027.

SB 230 amends the Utah consumer code to allow debtors to prepay closed-end consumer loans without penalty. In addition, it clarifies prepayment penalties and prepaid finance charges. Effective May 6, 2026.

Amongst other items, SB 242 updates vehicle registration definitions and fees. The bill addresses other transportation issues and funding for the state of Utah. Effective in part May 6, 2026.

VIRGINIA

Governor Abigail Spanberger signed HB 1309 into law on April 8, 2026. The bill allows for the sale of GAP and GAP Waivers with loans from consumer finance companies. Effective July 1, 2026.

HB 1386 adds breaches of extended service contracts to be covered by the Motor Vehicle Transaction Recovery Fund. Effective July 1, 2026.

WASHINGTON STATE

HB 2711 is a lengthy transportation bill that repeals the luxury aircraft tax, and increases aircraft fuel taxes and registration fees. The bill also modifies how the luxury tax is applied to motor vehicle leases and temporarily exempts motor homes from the luxury tax. Effective June 11, 2026.

SB 6354 seeks to expand Washington State’s electric vehicle adoption by allowing certain manufacturers to sell their vehicles directly to consumers, authorizes the Department of Commerce to create an electric vehicle rebate program for individuals of vulnerable populations, funded by increased vehicle title fees through 2036. Effective in part on June 11, 2026, and in part on October 1, 2026.

WYOMING

The Wyoming Department of Transportation has been tasked by bill SF 107 to create a statewide electronic title and registration system by July 1, 2028. Effective in part immediately.

Effective State Changes

INDIANA

Senate Bill 169 reorganizes and recodifies a large body of existing consumer lending statutes into a newly created Title 37—Consumer Lending—of the Indiana Code. The stated purpose of the bill is structural and organizational and does not make substantive changes to consumer lending requirements. Effective July 1, 2026.

MISSISSIPPI

House Bill 547 authorizes a check cashing business to pass onto a consumer any charges associated with a payment made by credit card or debit card. Effective July 1, 2026.

NEBRASKA

Legislative Bill 717 was introduced at the request of the Nebraska Department of Banking and Finance and amends a number of statutes and harmonizes Nebraska’s financial statutes with federal law. The bill modernizes several financial sectors, includes credit unions under the Nebraska Financial Innovation Act, and updates lending limits by increasing the usury rate exemption cap from $25,000 to $100,000. Effective in part, immediately—February 25, 2026.

Legislative Bill 836 updates the factors the Nebraska Department of Banking and Finance uses to determine annual assessments to be levied upon financial institutions. Effective July 17, 2026.

WYOMING

House Bill 145 amends the annual decal fee for all-electric vehicles from $200 to $100 and imposes an annual decal fee of $50 for plug-in hybrid vehicles. In addition, this act imposes a license tax of $.035 per kilowatt hour on all electric energy sold or dispensed for charging a vehicle using a direct current fast charging station. Effective July 1, 2026.

Senate File 61 creates exemptions from state excise tax for purchases of motor vehicles from, or transfers of motor vehicles to, immediate family members. Effective July 1, 2026.

Effective State Changes

NEW YORK

Senate Bill 8416, the “Fostering Affordability and Integrity Through Reasonable Business Practices Act”, makes it illegal for businesses to engage in any unfair, deceptive, or abusive act or practice while providing services and expands the state attorney general’s authority to enforce those provisions. Effective February 17, 2026.

OHIO

Ohio Admin. Code § 4501:1-6-12 changes the name of the Convenience Fee in Ohio to the Registration and Titling Service Fee. Additionally, motor vehicle dealers will now be able to charge consumers for mailing any registration or title work to their place of residence. Effective March 1, 2026.

UTAH

House Bill 47 requires a vehicle owner to maintain liability insurance on a vehicle if the vehicle is operated on a highway, not merely registered with the State of Utah. Effective May 6, 2026.

2025 Year in Review & Upcoming Changes in 2026

State Updates (2025)

ARKANSAS

• HB 1845 authorizes the Office of Motor Vehicle to establish an electronic lien, title, and registration system. Effective upon certification by the Office.

DELAWARE

• HB 164 institutes an additional registration fee on owners of alternative fuel-type motor vehicles. Effective October 1, 2025.

GEORGIA

• SB 81 provides new protections for consumer data linked to motor vehicle sales or leases. Effective July 1, 2025.

HAWAII

• SB 1367 reorganizes and clarifies a number of provisions of Hawaii’s installment loans law. Effective July 1, 2025.

ILLINOIS

• As published in Company Bulletin 2025-14 by the Illinois Department of Insurance, the updated prima facie credit insurance rates became effective August 21, 2025.

INDIANA

• As published in Bulletin 277 in December 2024, the Indiana Insurance Commissioner adjusted credit insurance rates effective January 1, 2025.
• The Auto Dealer Services Division of the Indiana Secretary of State announced an adjusted maximum Documentation Preparation Fee of $251.05. Effective July 1, 2025.

IOWA

• ARC 8727C is a regulation promulgated by the Revenue Department of Iowa clarifying the one-time fee due for a new registration of a motor vehicle. Effective April 23, 2025.

KENTUCKY

• SB 136 requires the Kentucky Transportation Cabinet to transition to solely store motor vehicle titles electronically. Effective, in part July 1, 2025.
• SB 145 allows the holder of a motor vehicle retail installment contract to collect a delinquency charge in certain circumstances. Effective June 26, 2025.

LOUISIANA

• HB 476 establishes an annual adjustment to the credit investigative fee for motor vehicle purchases. Effective August 1, 2025.
• HB 582 requires the Office of Financial Institutions to annually calculate a new outstanding principal balance allowed for deferred presentment transactions and small loans. Effective August 1, 2025.

MAINE

• The Department of Administrative and Financial Services issued regulations governing the collection and remittance of sales and use taxes on vehicle leases. Effective January 1, 2025.
• LD 68 amends the tax laws by modifying the watercraft sales tax exemption to not apply to the lease or rental of a watercraft to a nonresident. Effective June 19, 2025.

MARYLAND

• The Department of Transportation amended and adopted new regulations requiring owners of a plug-in electric vehicle to pay an annual surcharge. Effective May 26, 2025.

• HB 352 adjusts many of the registration and title fees for vehicles and increases the Motor Vehicle Excise Tax rate for rental and non-rental vehicles. Effective July 1, 2025.
• HB 1464 creates an alternative registration process for rental fleet vehicles. Effective October 1, 2025.

MICHIGAN

• Michigan updated their Documentary Preparation Fee through 2026. The fee cannot exceed the lesser of $280 or 5% of the cash price of the vehicle. Effective January 28, 2025.

MINNESOTA

• HF 14 is the major Transportation Appropriations bill and modifies the surcharge for electric vehicles and plug-in hybrid vehicles. Effective in part on June 14, 2025.

MISSISSIPPI

• SB 2495 updates the Credit Availability Act to raise the maximum allowable outstanding principal balance for credit accounts from $2,500 to $3,250. Effective July 1, 2025.

MISSOURI

• Missouri increased their Administrative Fee for 2025 to $604.47. Effective February 1, 2025.

MONTANA

• HB 99 consolidates the definitions of several different boating vessels and clarifies the temporary registration periods for certain vehicles. Effective October 1, 2025.
• HB 165 removes the need for a notarized affidavit to transfer a vehicle title in Montana. Effective October 1, 2025.

NEBRASKA

• Published in Guidance Document IGD – A2, the Department of Insurance adjusted credit life rates effective from April 1, 2025 through 2027. Effective April 1, 2025.

• LB 97 raises the cost of license plates. Effective April 14, 2025.
• LB 474 combines the Installment Sales Act and the Installment Loan Act and does not change core substantive provisions to either. Effective September 2, 2025.

NEVADA

• AB 296 allows for the adoption of digital license plates and allows lenders to offer installment loans to pay for motor vehicle registration fees and taxes. Effective June 11, 2025.

• SB 194 requires short-term lessors to ensure a minimum level of insurance is in place before leasing a vehicle. Effective October 1, 2025.
• SB 437 allows an internet consumer lender without a physical address within Nevada to apply for a Nevada lending license. Effective October 1, 2025.

NEW HAMPSHIRE

• SB 156 allows the Division of Motor Vehicles to work with a third-party vendor to facilitate the electronic transfer of title applications and information. Effective September 13, 2025.

NEW JERSEY

• SB 3525 allows mortgagors to make biweekly and semi-monthly payments, as well as payments to pay-down a mortgage principal. Effective November 9, 2025.

NEW MEXICO

• As published in Bulletin 2025-002 in May 2025, the New Mexico Insurance Commissioner adjusted the prima facie credit insurance rates effective July 1, 2025.

NEW YORK

• AB 920 adds medical and health insurance information to the definition of personal identifying information for certain statutory categories. Effective February 14, 2025.

• SB 804 amends the law as to when and how data breach notifications must be provided to the Department of Financial Services. Effective February 14, 2025.
• SB 8408 expands the Department of Financial Services’ authority to impose civil penalties on any person or company engaging in regulated financial activities without proper licensing. Effective December 5, 2025.

NORTH DAKOTA

• HB 1127 creates new data security requirements for non-depository financial corporations and clarifies the definition of a “loan”. Effective August 1, 2025.

OKLAHOMA

• The Department of Consumer Credit published adjustments to allowable charges for retail installment contracts and small loans. Effective July 1, 2025.
• SB 377 regulates business activities between equipment suppliers and their dealers. Effective November 1, 2025.

OREGON

• HB 3875 applies the Oregon Consumer Privacy Act to motor vehicle manufacturers and affiliates. Effective September 26, 2025.

PENNSYLVANIA

• The maximum Documentary Preparation Charge for 2025 increased to either $398 or $477, with the larger amount applying to dealers that file electronically. Effective January 1, 2025.

SOUTH DAKOTA

• SB 131 creates a new electronic title and lien system to be administered by the South Dakota Department of Revenue. Effective July 1, 2025.

• SB 135 allows owners of various types of vehicles who do not have a state issued driver’s license to pay a $100 fee to title the vehicle in South Dakota. Effective July 1, 2025.
• SB 179 allows a licensed vehicle dealer to sell or offer to sell an off-road vehicle at an event located outside of their home county. Effective July 1, 2025.

TENNESSEE

• SB 694 modifies the state’s Industrial Loan and Thrift Companies Act rate structure, maximum effective interest rate, and alternatives to loan charges. Effective July 1, 2025.

TEXAS

• The Texas OCCC published dollar brackets and ceilings subject to adjustment for Retail Installment Sales and Consumer Loans. Effective July 1, 2025.
• HB 700 establishes new requirements related to commercial sales-based financing, including specific disclosures that must accompany an offer. Effective September 1, 2025.

UTAH

• HB 272 increases the maximum Gross Vehicle Weight Rating from 12,000 lbs. to 14,000 lbs., for the purposes of registering a vehicle in the state. Effective July 1, 2025.
• SB 27 allows a fleet of personal vehicles to be registered as a fleet and clarifies which registration fees apply to certain vehicles. Effective in part on May 7, 2025.

VIRGINIA

• HB 2659 allows dealers to use separate buyer’s orders forms for leases and sales of motor vehicles. Effective July 1, 2025.

WASHINGTON

• HB 1006 modifies financial responsibility provisions for motor vehicle protection product guarantee providers and service contract providers. Effective July 27, 2025.
• SB 5801 increases fees for titling and registering a vehicle, title filing, and other items. It also creates a new luxury vehicle tax on vehicles exceeding $100,000. Effective July 1, 2025.

WEST VIRGINIA

• HB 3089 mandates financial institutions, vehicle dealers, or anyone recording five or more liens within a year to use the state’s electronic lien and title system. Effective July 1, 2025.

WISCONSIN

• SB 45 is the executive budget act of the 2025 Wisconsin legislature. The bill increases the title fees for motor vehicles in the state. Effective October 1, 2025.

WYOMING

• HB 242 would require vehicle dealers who sell trailers to submit a sales authorization agreement to the state, amongst other provisions. Effective July 1, 2025.
• SF 39 provides for the automatic transfer of a vehicle title upon the death of the owner to a named beneficiary. Effective July 1, 2025.

 

State Updates (2026 & Beyond)

ARIZONA

• The State of Arizona’s Department of Insurance and Financial Institutions published new prima facia credit life insurance and credit disability rates. Effective February 1, 2026.

CALIFORNIA

• AB 483 places new requirements on fixed term installment contracts. Effective August 1, 2026.

• SB 362 amends California’s Commercial Financing Law and prohibits lenders of these financing products to use the terms “rate” or “interest” in a deceptive way. Effective January 1, 2026.

• SB 446 amends provisions of California’s data breach notification laws. Effective January 1, 2026.

• SB 766—The CARS Act—purports to create more transparency during the vehicle purchasing process and establishes new consumer protections. Effective October 1, 2026.
• SB 825 allows the Department of Financial Protection and Innovation to bring deceptive or abusive acts or practices enforcement actions under the Consumer Financial Protection Law. Effective January 1, 2026.

ILLINOIS

• The document preparation fee in the State of Illinois increased from $367.70 to $377.63 in 2026. Effective January 1, 2026.

KANSAS

• HB 2122 increases the annual license fees for electric vehicles and plug-in electric hybrids. Effective January 1, 2026.

LOUISIANA

• The Louisiana credit investigation fee increased from $425 to $436 effective on January 1, 2026.

MAINE

• LD 850 amends current motor vehicle laws and certain title and registration fees in Maine for 2026. Effective January 1, 2026.

MISSISSIPPI

• The Mississippi State Tax Commission finalized regulations (35.VI.1.05) to establish a new exemption for certain ATVs from ad valorem tax. Effective January 1, 2026.

MISSOURI

• Effective February 1, 2026, the Administrative Fee maximum amount is $620.79.

MONTANA

• HB 114 amends the law around the sale of insurance for those seeking a loan or credit. Effective January 1, 2026.

NEW JERSEY

• SB 3309 creates the “Motor Vehicle Open Recall Notice and Fair Compensation Act”. Effective January 1, 2026.

OHIO

• Per Ohio Rev. Code § 4517.261, the Documentary Service Charge is to be annually adjusted and for 2026, a dealer can charge $398. Effective January 1, 2026.
• The Ohio Department of Insurance revised prima facie credit insurance rates for credit life and credit disability. Effective January 1, 2026.

OREGON

• HB 3178 requires dealers to provide a consumer with a disclosure document that includes a right to void a vehicle transaction within ten calendar days. Effective January 1, 2026.
• SB 430 requires that any person who offers or sells goods or services online to display the total cost in any advertisement, display, or offer. Effective January 1, 2026.

PENNSYLVANIA

• The Pennsylvania Documentary Fee for 2026 is either $409 or $490, with the larger amount applying to dealers that file documents electronically. Effective January 1, 2026.

RHODE ISLAND

• SB 229 and companion bill, HB 5042, repeal the provisions in the law allowing deferred deposit lenders and transactions. Effective January 1, 2027.

SOUTH CAROLINA

• The South Carolina Department of Insurance adopted new Prima Facie Credit A&H and Credit Property insurance rates for 2026. Effective January 1, 2026.

UTAH

• HB 514 allows two-year registrations for trailers, off-highway vehicles, street-legal all-terrain vehicles, and electric motor vehicles. Effective January 1, 2026.

WYOMING

• Senate File 25 tasks the Department of Transportation with creating and maintaining an electronic lien and title system for the state of Wyoming. Effective July 1, 2027.

 

Federal Updates (2025)

CONSUMER FINANCIAL PROTECTION BUREAU

• The CFPB increased TILA threshold adjustments for Regulation M and Z from $69,500 to $71,900. Effective January 1, 2025.

• Dollar threshold adjustments were announced for the Ability to Repay/ Qualified Mortgage Rule and HOEPA. Effective January 1, 2025.

 

Federal Updates (2026)

CONSUMER FINANCIAL PROTECTION BUREAU

• The CFPB increased TILA threshold adjustments for Regulation M and Z from $71,900 to $73,400. Effective January 1, 2026.

• Dollar threshold adjustments were announced for the Ability to Repay/ Qualified Mortgage Rule and HOEPA. Effective January 1, 2026.

Effective State Changes

CALIFORNIA

Governor Gavin Newsom signed Senate Bill 825 into law on October 6, 2025. This bill allows the California Department of Financial Protection and Innovation to bring deceptive or abusive acts or practices enforcement actions under the California Consumer Financial Protection Law. Effective January 1, 2026.

ILLINOIS

The document preparation fee in the State of Illinois will increase from $367.70 to $377.63 in 2026. Effective January 1, 2026.

NEW YORK

New York enacted SB 8408, which expands the Department of Financial Services’ (“DFS”) authority to impose civil penalties on any person or company engaging in regulated financial activities without proper licensing. The law applies to all regulated financial activities under the New York Financial Services Law, extends civil penalties to unlicensed entities, and authorizes DFS to impose enhanced penalties when consumer harm occurs and restitution for any unlicensed activity. Effective December 5, 2025.

Effective Federal Changes

CONSUMER FINANCIAL PROTECTION BUREAU

Specific dollar threshold adjustments were announced by the Consumer Financial Protection Bureau (“CFPB”). The CFPB is required to make adjustments to dollar thresholds effective January 1 each year based on any annual percentage increase in the Consumer Price Index as of June 1 of the preceding year.

Updates to the Home Ownership and Equity Protection Act (“HOEPA”) and Ability to Repay/Qualified Mortgage Rule (“ATR/QM”), among others, were announced and become effective January 1, 2026.

HOEPA Annual Threshold Adjustments:

• The adjusted total amount of the loan threshold will be $27,592, up from $26,968

• The adjusted points-and-fees dollar trigger will be $1,380, up from $1,348

ATR/QM Threshold Adjustments: To meet qualified mortgage criteria, the combined points and fees cannot exceed the following:

• 8% of total loan amount for loans less than $17,245

• $1,380 for loans greater than or equal to $17,245 but less than $27,592

• 5% of total loan amount for loans greater than or equal to $27,592 but less than $82,775

• $4,139 for loans greater than or equal to $82,775 but less than $137,958

• 3% of total loan amount for loans greater than or equal to $137,958

CFPB ANNUAL REGULATION M & Z ADJUSTMENTS

The Consumer Financial Protection Bureau published its annual Truth in Lending Act threshold adjustment, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. For 2026, the exemption threshold amount for Regulation M and Z will increase from $71,900 to $73,400. Effective January 1, 2026.

Reminders

MAINE

Maine added a $1 fee for electronic lien titling transactions and raised the temporary plate fee to $2. Effective January 1, 2026.

OHIO

The Documentary Service charge increases to $398.00. Effective January 1, 2026.

The Prima Facie Credit Insurance rates have been adjusted. Effective January 1, 2026.

SOUTH CAROLINA

The Prima Facie Credit Insurance rates were released on October 1, 2025. Effective January 1, 2026.

Effective State Changes

OHIO

The Ohio Department of Insurance has issued a memorandum revising prima facie credit insurance rates effective January 1, 2026. Credit Life rates will increase for 12 months at $0.715 per $1000 per month. Credit Disability rates will decrease for 2026 to $0.91 per $100 for the 14-day retroactive plan.

Credit Life Premium Rates
Single Decreasing Life Coverage	$0.46/$100/ @ 12 Months
Joint Decreasing Life Coverage	$0.81/$100/ @ 12 Months

Joint life rates are 175% of corresponding single life rates.

 

Credit Disability Rates
14-Day Retroactive	$0.91 per month per $100 of coverage @ 12 Months
14-Day Elimination	$0.79 per month per $100 of coverage @ 12 Months
30-Day Retroactive	$0.68 per month per $100 of coverage @ 12 Months
30-Day Elimination	$0.48 per month per $100 of coverage @ 12 Months

Effective January 1, 2026.

Effective State Changes

CALIFORNIA

Assembly Bill 483 was signed into law by Governor Gavin Newsom on October 10, 2025. This bill places new requirements on fixed term installment contracts. AB 483 prohibits an early termination fee unless, at the time of origination, the contract fully explains the total cost of the fee or how the fee would be calculated when the contract is terminated and the highest possible early termination fee that could be charged. Additionally, the bill prohibits an early termination fee or any similar fee that is greater than 30% of the total cost of the contract. Effective August 1, 2026.

Senate Bill 362 amends California’s Commercial Financing Law. The law prohibits lenders of commercial financing products to use the terms “rate” or “interest” in a deceptive way and requires they also disclose the Annual Percentage Rate (APR). A violation of this law would be considered an unfair, deceptive, or abusive act or practice under the California Consumer Financial Protection Law. Effective January 1, 2026.

Senate Bill 446 was signed into law amending provisions of California’s data breach notification laws. This bill requires a qualifying individual or business to disclose within 30 calendar days if a California resident’s personal information is, or was reasonably believed to have been, accessed by an unauthorized individual in a security breach. Disclosure may be delayed to accommodate law enforcement or to restore the integrity of the data system. If more than 500 California residents are affected in the breach, that notification must also be sent to the Attorney General within 15 calendar days of consumer notification. Effective January 1, 2026.

Governor Newsom signed Senate Bill 766—The California Combating Auto Retail Scams (CARS) Act—into law on October 6, 2025. Based on the FTC’s CARS Rule, the new law purports to create more transparency during the vehicle purchasing process and establishes new consumer protections. The CARS Act applies to licensed California motor vehicle dealers and others that satisfy the definition of a “dealer” under the California Vehicle Code. The bill specifically prevents dealers from tacking on add-on services and other features from which the buyer or lessee would not benefit. Amongst other provisions, it requires clear disclosures of a vehicle’s price in advertisements, written communications, and other communications during negotiations with a possible consumer. Finally, the Act provides buyers and lessees a new 3-day right to cancel their purchase or lease of a used vehicle having a retail price equal to or less than $50,000. Effective October 1, 2026.

MAINE

The Maine Department of Administrative and Financial Services has issued new regulations governing the collection and remittance of sales and use taxes on vehicle leases and rentals. These rules, which clarify how taxes should be calculated and who is responsible for payment, apply to leases and rentals of tangible personal property. Effective January 1, 2025.

OHIO

Per Ohio Rev. Code § 4517.261, the Documentary Service Charge is to be annually adjusted using the most recent consumer price index—for 2026, a dealer can charge $398.00. Effective January 1, 2026.

SOUTH CAROLINA

On October 1, 2025, the South Carolina Department of Insurance adopted Orders 2025-003, 2025-004, and 2025-005 confirming Prima Facie Credit A&H and Credit Property insurance rates for 2026.

Under Order 2025-003, the Credit A&H rates for insurance sold in conjunction with consumer credit transactions in 2026 will decrease from the rates in 2025. The 12-month rate per $100 of Initial Insured Indebtedness will be as follows:

• 14-day Retro: $0.89
• 30-day Retro: $0.84

Under Order 2025-004, the 3-day retroactive A&H rate for insurance sold in conjunction with loans will decrease to $0.17 per $5.00 of monthly indemnity.

Under Order 2025-005, credit property rates have decreased for Automobile Fire and Theft, Automobile Collision, and Household Goods – Dual Interest. The rate for Household Goods – Single Interest remains the same. Effective January 1, 2026.