SB 1358
Modifies provisions relating to vehicle dealers
Sponsor:
LR Number:
5299S.01I
Last Action:
1/25/2024 - Second Read and Referred S Transportation, Infrastructure and Public Safety Committee
Journal Page:
S239
Title:
Effective Date:
August 28, 2024

Current Bill Summary

SB 1358 - This act prohibits the sale of motorcycles or all-terrain vehicles (ATVs) or parts to consumers in this state, except through a franchise. The act prohibits manufacturers, importers, and distributors, as defined in the act, from establishing new line-makes of vehicle unless the vehicles are offered only to authorized dealers of the previous line-make.

The act further enacts provisions regarding methods of vehicle allocation between dealers, installation of electric vehicle fast-charging stations, facility improvements as a condition of relocating a franchise or transferring ownership, availability of rebates and incentives, coercion in the offering of products and services to consumers, and modification of franchisee compensation for vehicle sales.

ERIC VANDER WEERD

Amendments

No Amendments Found.