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FL S1562
Bill
Status
Introduced
1/9/2026
Primary Sponsor
Commerce and Tourism
Click for details
AI Summary
- Prohibits motor vehicle manufacturers or distributors who distribute 1,000+ vehicles of a particular line-make in Florida during any 12-month period from distributing more than 33.33% of those vehicles to a single dealer or dealers sharing common ownership or control
- Allows licensees to reject franchise succession by heirs or devisees if the succession would cause violation of the new distribution cap requirement
- Authorizes licensees to reject franchise agreement sales, transfers, or equity interest dispositions if they would directly cause violation of the distribution cap
- Clarifies that repurchase cost requirements for terminated franchises apply to "motor vehicles other than motorcycles" rather than "cars or trucks," with mileage limits of 2,000 miles for vehicles and 100 miles for motorcycles
- Exempts from the distribution cap any line-make that had a licensed franchised dealer in Florida as of January 1, 2026, or licensees not prohibited from owning or operating a dealership
Legislative Description
Motor Vehicle Manufacturers, Importers, and Distributors and Franchised Motor Vehicle Dealers
Last Action
CS by Commerce and Tourism read 1st time
2/18/2026
Committee Referrals
Rules2/12/2026
Commerce And Tourism2/10/2026
Full Bill Text
No bill text available