Amends GS 20-305.1 as the title indicates; increases the compensation amount from $600 to $900. Makes additional clarifying and technical changes. Provides that the act applies to all current and future franchises and other agreements in existence between any new motor vehicle dealer located in state and a manufacturer or distributor as of the date that the act becomes effective.
TRUCK DEALER COST REIMBURSEMENT.
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View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO INCREASE THE AMOUNT OF COMPENSATION PAYABLE BY A MANUFACTURER, MANUFACTURER BRANCH, DISTRIBUTOR, OR DISTRIBUTOR BRANCH OF CERTAIN NEW MOTOR VEHICLES TO MOTOR VEHICLE DEALERS TO COVER CERTAIN COSTS.Intro. by Apodaca.
Status: Ref to the Com on Judiciary I, if favorable, Finance (House Action) (Apr 29 2015)
Bill History:
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Thu, 26 Mar 2015 Senate: Filed(link is external)
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Mon, 30 Mar 2015 Senate: Passed 1st Reading(link is external)
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Mon, 30 Mar 2015 Senate: Ref To Com On Commerce(link is external)
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Thu, 23 Apr 2015 Senate: Reptd Fav(link is external)
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Mon, 27 Apr 2015 Senate: Passed 2nd Reading(link is external)
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Mon, 27 Apr 2015 Senate: Passed 3rd Reading(link is external)
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Tue, 28 Apr 2015 Senate: Regular Message Sent To House(link is external)
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Tue, 28 Apr 2015 House: Regular Message Received From Senate(link is external)
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Wed, 29 Apr 2015 House: Passed 1st Reading(link is external)
S 674
Bill Summaries:
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Bill S 674 (2015-2016)Summary date: Mar 31 2015 - View Summary
View: All Summaries for Bill