2017 Regular Session
|At the request of:|
|Bill Title:||Relating to commerce in certain types of equipment; prescribing an effective date.|
Regulates business relationship between equipment suppliers and equipment dealers in this state.
Specifies notice requirements and requires good cause for terminating dealer agreement or other aspects of business relationship. Specifies actions that constitute good cause and prohibits dealer from taking certain actions. Specifies procedure and conditions under which supplier must repurchase equipment upon termination of dealer agreement. Specifies requirements for reimbursing dealer for service and repair parts for warranty claims. Authorizes dealer to bring action to assert dealer's rights under Act and specifies liability to which supplier is subject for violating provisions of Act. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In Senate Committee|
|Current Committee:||Senate Committee On Business and Transportation|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|