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CT SB00253
Bill
Status
Introduced
2/26/2020
Primary Sponsor
General Law Committee
Click for details
AI Summary
- Suppliers must approve or disapprove warranty claims within 30 days of receipt, with claims deemed approved if not disapproved in writing by day 30
- Suppliers must pay approved warranty claims within 30 days, compensating dealers the current net price plus 18 percent for parts and the posted hourly labor rate for service work
- Hourly labor rates must be reasonable compared to other same-brand dealers of similar size in the geographic vicinity
- Suppliers cannot deny claims or charge them back based solely on clerical errors, administrative technicalities, or claim processing procedure failures without giving dealers 30 days to resubmit
- Act becomes effective January 1, 2021
Legislative Description
An Act Concerning Fair Reimbursement To Retail Dealers Of Power Equipment.
Last Action
Filed with Legislative Commissioners' Office
3/11/2020
Committee Referrals
General Law2/26/2020
Full Bill Text
No bill text available