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Bill > HB150


KY HB150

AN ACT relating to motor vehicle dealers.


summary

Introduced
02/07/2023
In Committee
03/08/2023
Crossed Over
02/28/2023
Passed
03/13/2023
Dead
Signed/Enacted/Adopted
03/16/2023

Introduced Session

2023 Regular Session

Bill Summary

Amend KRS 190.010 to amend the definition of "franchise" to include any agreements related to or dependent on an original franchise agreement addendum to the franchise agreement; amend KRS 190.042 to permit a new motor vehicle dealer to propose a successor agreement; amend KRS 190.045 to increase the time allowed for a dealer to respond to notice of cancellation from 15 days to 30 days; amend KRS 190.046 to limit audit and document retention requirements on recall work, and allow a manufacturer to audit a motor dealer if the manufacturer reasonably suspects fraud; amend KRS 190.070 to prohibit manufacturers and other licensees from requiring remodeling of a dealership within 10 years of a previously required improvement, using motor vehicles in transit in any sales formula to the detriment of the dealer, offering the sale of new motor vehicles outside a franchised dealer, or failing to assign reservations and purchase requests received by a manufacturer to a dealer.

AI Summary

This bill amends various sections of Kentucky's motor vehicle dealer laws. Key provisions include: - Expanding the definition of "franchise" to include any agreements related to or dependent on an original franchise agreement. - Allowing new motor vehicle dealers to propose a successor agreement to the manufacturer. - Increasing the time a dealer has to respond to a notice of cancellation from 15 to 30 days. - Limiting audit and document retention requirements for recall work, while allowing manufacturers to audit dealers if they reasonably suspect fraud. - Prohibiting manufacturers from requiring dealership remodeling within 10 years of a previous requirement, using vehicles in transit to the detriment of the dealer, offering new vehicle sales outside of franchised dealers, or failing to assign customer reservations and purchase requests to the appropriate dealer.

Committee Categories

Transportation and Infrastructure

Sponsors (14)

Last Action

signed by Governor (Acts Ch. 7) (on 03/16/2023)

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