People need more notice on automatic contract renewals, lawmaker says
Bill wouldn't affect a number of companies, but cracks down on home alarm companies, dumpster providers, others.
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House Bill 103 wouldn't impact a large swath of companies, including insurers, banks and those regulated by the Federal Communications Commission, which face different regulations. But companies that the bill would impact would have to notify consumers of a renewal between 60 and 15 days of that renewal.
They'd also have to get "affirmative consent" before charging for the automatic renewal and provide an "easy-to-use mechanism" to cancel, the bill states.
Rep. Sarah Stevens, R-Surry, filed the bill, which moved Tuesday through the House Commerce committee. The bill has several more stops before it can become law.
Stevens said she brought the bill after hearing from people about abuses by home alarm and dumpster providers.
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