This bill introduces new regulations regarding automatic renewal provisions in business equipment and services contracts in Washington State, effective for contracts entered into after May 1, 2024. It establishes definitions for "business contract," "customer," and "seller," and outlines specific requirements for sellers when a contract includes an automatic renewal clause. Sellers must provide clear disclosures to customers at the time of contract signing or include them conspicuously within the contract. If a seller fails to comply with these requirements, the automatic renewal provision becomes unenforceable, and the contract will terminate at the end of its current term.

Additionally, the bill prohibits contracts from requiring customers to allow sellers to match offers from other sellers for services after the contract term. Customers who are affected by non-compliance can bring legal action against sellers, with provisions for damages and attorney fees. The bill also outlines acceptable methods for sellers to provide required notices to customers regarding contract renewals. Overall, the legislation aims to enhance transparency and protect customers from potentially unfavorable automatic renewal practices in business contracts.