Florida Senate - 2017 COMMITTEE AMENDMENT Bill No. SB 466 Ì122736/Î122736 LEGISLATIVE ACTION Senate . House Comm: RCS . 03/15/2017 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Transportation (Hutson) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete lines 51 - 99 4 and insert: 5 warranty or recall repairs during the course of a separate 6 repair requested by the consumer. 7 (b) Notification by the motor vehicle dealer to the 8 consumer of the need for recall repairs after the licensee or an 9 authorized governmental agency issues a notice of an outstanding 10 recall for a safety-related defect. 11 12 A motor vehicle dealer who can demonstrate that a violation of, 13 or failure to comply with, any of the preceding provisions by an 14 applicant or licensee will or can adversely and pecuniarily 15 affect the complaining dealer, shall be entitled to pursue all 16 of the remedies, procedures, and rights of recovery available 17 under ss. 320.695 and 320.697. 18 Section 2. Section 320.6407, Florida Statutes, is created 19 to read: 20 320.6407 Recall notices under franchise agreements; 21 compensation.— 22 (1) As provided in subsection (3), a licensee that has 23 entered into a franchise agreement with a motor vehicle dealer 24 must compensate the motor vehicle dealer for a used motor 25 vehicle: 26 (a) That was originally manufactured, imported, or 27 distributed by the licensee; 28 (b) That is subject to a recall notice issued by the 29 licensee or an authorized governmental agency, regardless of 30 whether the vehicle is identified by its vehicle identification 31 number; 32 (c) That is held by the motor vehicle dealer in the 33 dealer’s inventory at the time the recall notice is issued or 34 that is taken by the motor vehicle dealer into the dealer’s 35 inventory after the recall notice as a result of a trade-in, 36 lease return, or otherwise; 37 (d) That cannot be repaired due to the unavailability, 38 within 30 days after issuance of the recall notice, of remedy or 39 parts necessary for the motor vehicle dealer to make the recall 40 repair; and 41 (e) For which the licensee has not issued a written 42 statement to the motor vehicle dealer indicating that the used 43 motor vehicle may be sold or delivered to a retail customer 44 before completion of the recall repair. 45 (2) The licensee shall pay the required compensation within 46 30 days after the motor vehicle dealer’s application for 47 payment. Applications for compensation payments must be 48 submitted monthly, as necessary, through the licensee’s existing 49 warranty application system or another system or process 50 established by the licensee which is not unduly burdensome or 51 which does not require information unnecessary for the payment. 52 (3) Compensation under this section must be the greater of: 53 (a) Payment at a rate of at least 2 percent per month of 54 the motor vehicle value, as determined by the average Black Book 55 value of corresponding model year vehicle of average condition, 56 of each eligible used motor vehicle in the motor vehicle 57 dealer’s inventory for each month that the dealer does not 58 receive a remedy or parts to complete the required repair. Such 59 payment must be prorated for any period less than a month based 60 on the number of days during the month each eligible used motor 61 vehicle is in the motor vehicle dealer’s inventory. Payments 62 shall be calculated from the date the recall was issued or the 63 ================= T I T L E A M E N D M E N T ================ 64 And the title is amended as follows: 65 Delete line 16 66 and insert: 67 requiring such applications to be submitted monthly, 68 as necessary, through the