This bill proposes to amend the Arizona Revised Statutes by adding Article 27, which focuses on automatic renewal contracts. It introduces definitions for key terms such as "automatic renewal contract," "automatic renewal offer terms," and "consumer," while also establishing requirements for how these contracts must be presented to consumers. Specifically, it mandates that automatic renewal offer terms be communicated clearly and conspicuously, including details about renewal periods, cancellation policies, and any charges that may apply. The bill also outlines the obligations of businesses offering such contracts, including obtaining consumer consent, providing acknowledgment of terms, and maintaining verification of consent.

Additionally, the bill stipulates that if there are material changes to the terms of an existing automatic renewal contract, consumers must be notified clearly. It requires sellers to inform consumers about the automatic renewal process and how to cancel it, with specific timelines for notifications prior to renewal periods. Certain entities, such as public service corporations and regulated insurance entities, are exempt from these requirements. Violations of this article would be treated as violations of existing consumer protection laws, allowing for investigations and potential damages, including attorney fees.