,,ii  #aah? ,,congress  #a/ ,session    
,s4 #cjad  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #d1 #bjbc,mr4  
,moran 7= himself & ,mr4 ,man*97        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,comm]ce1 ,sci5ce1 & ,transportation  ,a
 ,,bill  ,to e/abli% requirem5ts = !    
,f$]al ,trade ,commission ) respect to  
c]ta9 rules relat$ to automotive        
retail+1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,f$]al  
,trade ,commission ,review ( ,exp5sive &
 ,detrim5tal ,ov]regulation ,act or !   
,,ftc ,,r$o ,act4  #b4 ,motor ,vehicle  
,deal]s ,trade ,regulation ,rule  7a7   
,prohibition ,! ,commission may n       
f9alize1 implem5t1 or en=ce a cov]$     
propos$ rule unless ! ,commission       
satisfies ! requirem5ts describ$ 9      
subsection 7b71 & any o!r requirem5ts   
applicable "u ,f$]al law1 ) respect to !
 cov]$ propos$ rule4  7b7 ,requirem5ts =
 cov]$ propos$ rules  7#a7 ,requirem5ts 
= issuance ,at lea/ #cj days be=e       

publi%+ 9 ! ,f$]al ,regi/] a notice (   
propos$ rulemak+ ) respect to a cov]$   
propos$ rule1 ! ,commission %all-- 7,a7 
complete-- 7i7 a quantitative /udy on   
automotive retail+ t-- 7,i7 uses a      
/ati/ically valid national sample size (
 pur*as]s & lessees ( motor vehicles f  
motor vehicle deal]s2  7,,ii7 is notic$ 
& subject to public comm5t = a p]iod ( n
 less ?an #cj days be=e publication2    
7,,iii7 is pe] review$ by an indep5d5t  
?ird p>ty ) k ( automotive retail+2 &   
7,,iv7 det]m9es :e!r !re is quantitative
 evid5ce ( a preval5ce ( unfair or      
deceptive practices 9 automotive retail+
 t supports ! necessity ( ! cov]$       
propos$ rule2  7ii7 quantitative consum]
 te/+ t-- 7,i7 uses a /ati/ically valid 
national sample size ( pur*as]s &       
lessees ( motor vehicles f motor vehicle
 deal]s2  7,,ii7 is notic$ & subject to 
public comm5t = a p]iod ( n less ?an #cj
 days be=e publication2 &  7,,iii7      
det]m9es :e!r new m&ates1 includ+       
disclosures1 "u ! cov]$ propos$ rule    

w\ld-- 7aa7 enhance consum] und]/&+1    
education1 & protection2 &  7bb7 n      
unduly impair legitimate bus9ess        
activity1 includ+ z comp>$ to alt]native
 approa*es t may provide simil> b5efits2
 &  7iii7 a detail$ economic analysis ( 
! co/s & b5efits ( ! cov]$ propos$ rule 
t-- 7,i7 is notic$ & subject to public  
comm5t = a p]iod ( n less ?an #cj days  
be=e publication2  7,,ii7 is pe] review$
 by an indep5d5t ?ird p>ty ) k (        
automotive retail+ f ! p]spective (     
consum]s & motor vehicle deal]s2        
7,,iii7 includes an assessm5t ( ! co/s =
 consum]s & small bus9esses1 includ+ z a
 result ( new disclosures & pap]work2 & 
7,,iv7 comp>es ! m&ates ( ! cov]$       
propos$ rule to m t>get$ & less         
burd5some alt]natives t a*ieve simil>   
b5efits2 &  7,b7 submit to ! ,committee 
on ,en]gy & ,comm]ce ( ! ,h\se (        
,repres5tatives & ! ,committee on       
,comm]ce1 ,sci5ce1 & ,transportation ( !
 ,s5ate a copy ( ! cov]$ propos$ rule & 
! results ( ! /udy1 te/+1 & analysis    

conduct$ "u subp>agraph 7,a74  7#b7     
,requirem5ts = f9alization ,!           
,commission may only f9alize1 implem5t1 
or en=ce a cov]$ propos$ rule-- 7,a7    
if-- 7i7 an advance notice ( propos$    
rulemak+ ) respect to ! cov]$ propos$   
rule 0 publi%$ 9 ! ,f$]al ,regi/]2  7ii7
 a notice ( propos$ rulemak+ ) respect  
to ! cov]$ propos$ rule t includes !    
results ( ! /udy1 te/+1 & analysis      
conduct$ "u p>agraph 7#a77;,a7 0 publi%$
 9 ! ,f$]al ,regi/]2 &  7iii7 ! cov]$   
propos$ rule 0 op5 = public comm5t = a  
p]iod ( at lea/ #abj days2 &  7,b7 if ! 
duties1 disclosures1 p5alties1 & o!r    
m&ates impos$ by ! cov]$ propos$ rule   
apply equally to fran*is$1 indep5d5t1 & 
direct sell]s ( automobiles4  7c7       
,def9itions ,9 ?is ,act3 7#a7           
,commission ,! t]m ,commission means !  
,f$]al ,trade ,commission4  7#b7 ,cov]$ 
propos$ rule ,! t]m cov]$ propos$ rule  
means-- 7,a7 ! propos$ rule ( !         
,commission-- 7i7 titl$ ,motor ,vehicle 
,deal]s ,trade ,regulation ,rule2 &     

7ii7 publi%$ 9 ! ,f$]al ,regi/] on ,july
 #ac1 #bjbb 7#hg ,f$4 ,reg4 #dbjab72 &  
7,b7 any rule propos$ by ! ,commission  
on or aft] ,septemb] #ab1 #bjbc1 t is   
simil> or relat$ to ! propos$ rule      
describ$ 9 subp>agraph 7,a74