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Synopsis As Introduced Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a person age 65 and older may cancel certain contracts within 15, rather than 3, days after the day the contract was signed. Effective January 1, 2020.
Replaces everything after the enacting clause. Amends the Home Repair and Remodeling Act. Provides that a consumer age 65 and older has 15, rather than 3, business days within which to cancel a contract if the sale is made at the consumer's home. Effective immediately.
Senate Committee Amendment No. 1 Limits the 15 day right of cancellation for persons age 65 or older to purchases made from an uninvited solicitor.
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