1 | Representative Poppell offered the following: |
2 |
|
3 | Substitute Amendment for Amendment (152357) |
4 | Remove line(s) 425-432 and insert: |
5 | (7) A manufacturer, distributor, or wholesaler may sell or |
6 | lease new equipment for use within the state. If the |
7 | manufacturer, distributor, or wholesaler makes a direct sale and |
8 | the equipment is prepared for delivery or serviced by a dealer, |
9 | the manufacturer, distributor, or wholesaler shall reasonably |
10 | compensate the dealer for the preparation and delivery of the |
11 | new equipment and shall pay to the dealer a commission equal to |
12 | no less than three-fourths of the dealer's previous year's |
13 | percentage of gross profit of equipment sales as reported by the |
14 | dealer to the line manufacturer, distributor, or wholesaler. |
15 | When a direct sale is made by the manufacturer, distributor, or |
16 | wholesaler, the units sold shall be applied to the dealer's |
17 | total annual sales. This |