United States of America: Bill on online transaction fee disclosure requirements (SB 430) was introduced in Oregon Senate

On 13 January 2025, Senate Bill 430 was introduced in the Oregon Senate. The bill requires retail sellers offering goods or services online to residents of Oregon to provide, before concluding a transaction through a website or other electronic method, a written summary of the transaction listing the cash sale price of each item, the buyer’s down payment, the difference between sale price and down payment, insurance charges and coverage, official fees and taxes, shipping, handling or service charges, and the total amount due. The retail buyer must be able to review and either approve the displayed transaction or make changes, including removing or substituting goods or services, modifying insurance coverage, or other permissible adjustments, and must approve any revised transaction before conclusion. Transactions without financing may be concluded under these provisions without full application of Oregon Revised Statutes (ORS) 83.010 to 83.190, subject to limited statutory obligations, while transactions involving financing, charge agreements, or credit fall under both the new section and all relevant provisions of ORS 83.010 to 83.190. The bill specifies application to transactions concluded on or after its effective date, which is 91 days following adjournment sine die of the 2025 session.