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CT HB06820
Bill
Status
Passed
7/2/2015
Primary Sponsor
Transportation Committee
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AI Summary
- Reduces the period manufacturers or distributors can audit dealer claims from two years to one year, effective October 1, 2015
- Prohibits denial or charge-back of claims based solely on clerical errors or administrative technicalities, and requires manufacturers to allow resubmission within 30 days
- Adds "marketing and advertising" programs to claims requiring payment within 30 days of approval
- Adds new compensation provisions for line-make discontinuation, including fair market value of franchise goodwill, site-control provision voidance, and dealer management system lease reimbursement
- Adds restrictions on manufacturer exercise of right of first refusal, requiring notice within 60 days and matching or exceeding proposed transferee consideration, unless transfer is to family members, current owners, or certain long-term managers
Legislative Description
An Act Concerning Provisions Of The Franchise Act Governing Agreements Between Automobile Manufacturers Or Distributors And Automobile Dealers.
Last Action
Signed by the Governor
7/2/2015
Committee Referrals
General Law5/1/2015
Transportation2/18/2015
Full Bill Text
No bill text available