Introduced
by
To raise the cap from $500 to $1,000 for a verbal contract for the sale of goods to be enforceable. Contracts under $1,000 could be enforced even if not in writing, while those over that amount would have to be written to be enforceable.
Referred to the Committee on Commerce
Passed in the House 100 to 0 (details)
Passed in the Senate 33 to 0 (details)
