Bill H.188 proposes the establishment of the Motor Vehicle Purchase Cancellation Study Committee, tasked with examining potential amendments to Vermont's laws that would allow purchasers to return a motor vehicle to a dealership within a specified timeframe after purchase. The committee will consist of various state officials and a representative from Vermont Legal Aid, and it will explore the legal rights of motor vehicle purchasers, including the ability to cancel a purchase before delivery and return a vehicle after taking possession.

The committee is required to submit a report with findings and recommendations for legislative action by January 15, 2026, and will be supported by the Department of Motor Vehicles. The bill also outlines the committee's operational details, including meeting schedules, quorum requirements, and compensation for members. Additionally, the act is set to take effect on July 1, 2025.