Florida Senate - 2026                             CS for SB 1562
       
       
        
       By the Committee on Commerce and Tourism; and Senator Trumbull
       
       
       
       
       
       577-02748-26                                          20261562c1
    1                        A bill to be entitled                      
    2         An act relating to motor vehicle manufacturers,
    3         importers, and distributors and franchised motor
    4         vehicle dealers; amending s. 320.64, F.S.; authorizing
    5         licensees to reject the succession to interest in a
    6         franchise agreement of a motor vehicle dealer under
    7         certain circumstances; clarifying the motor vehicles
    8         for which a licensee must pay certain costs to a motor
    9         vehicle dealer under certain circumstances;
   10         prohibiting a licensee from distributing more than a
   11         specified percentage of a specified number of motor
   12         vehicles of a particular line-make during a certain
   13         period to one motor vehicle dealer or dealers that
   14         share common ownership or control; providing
   15         applicability; amending s. 320.643, F.S.; authorizing
   16         a licensee to reject a sale, transfer, alienation, or
   17         other disposition of a franchise agreement or an
   18         equity interest in a motor vehicle dealer under
   19         certain circumstances; providing an effective date.
   20          
   21  Be It Enacted by the Legislature of the State of Florida:
   22  
   23         Section 1. Subsection (16) and paragraph (a) of subsection
   24  (36) of section 320.64, Florida Statutes, are amended, and
   25  subsection (44) is added to that section, to read:
   26         320.64 Denial, suspension, or revocation of license;
   27  grounds.—A license of a licensee under s. 320.61 may be denied,
   28  suspended, or revoked within the entire state or at any specific
   29  location or locations within the state at which the applicant or
   30  licensee engages or proposes to engage in business, upon proof
   31  that the section was violated with sufficient frequency to
   32  establish a pattern of wrongdoing, and a licensee or applicant
   33  shall be liable for claims and remedies provided in ss. 320.695
   34  and 320.697 for any violation of any of the following
   35  provisions. A licensee is prohibited from committing the
   36  following acts:
   37         (16)(a) Notwithstanding the terms of any franchise
   38  agreement, the applicant or licensee prevents or refuses to
   39  accept the succession to any interest in a franchise agreement
   40  by any legal heir or devisee under the will of a motor vehicle
   41  dealer or under the laws of descent and distribution of this
   42  state; provided, the applicant or licensee is not required to
   43  accept a succession:
   44         1. When where such heir or devisee does not meet licensee’s
   45  written, reasonable, and uniformly applied minimal standard
   46  qualifications for dealer applicants;
   47         2.or Which, after notice and administrative hearing
   48  pursuant to chapter 120, is demonstrated to be detrimental to
   49  the public interest or to the representation of the applicant or
   50  licensee; or
   51         3. When the direct result of such succession will cause the
   52  applicant or licensee to be in violation of subsection (44).
   53         (b) This subsection does not Nothing contained herein,
   54  however, shall prevent a motor vehicle dealer, during his or her
   55  lifetime, from designating any person as his or her successor in
   56  interest by written instrument filed with and accepted by the
   57  applicant or licensee. A licensee who rejects the successor
   58  transferee under this subsection shall have the burden of
   59  establishing in any proceeding where such rejection is in issue
   60  that the rejection of the successor transferee complies with
   61  this subsection.
   62         (36)(a) Notwithstanding the terms of any franchise
   63  agreement, in addition to any other statutory or contractual
   64  rights of recovery after the voluntary or involuntary
   65  termination, cancellation, or nonrenewal of a franchise, failing
   66  to pay the motor vehicle dealer, as provided in paragraph (d),
   67  the following amounts:
   68         1. The net cost paid by the dealer for each new motor
   69  vehicle other than motorcycles car or truck in the dealer’s
   70  inventory with mileage of 2,000 miles or less, or each new a
   71  motorcycle in the dealer’s inventory with mileage of 100 miles
   72  or less, exclusive of mileage placed on the motor vehicle before
   73  it was delivered to the dealer.
   74         2. The current price charged for each new, unused,
   75  undamaged, or unsold part or accessory that:
   76         a. Is in the current parts catalog and is still in the
   77  original, resalable merchandising package and in an unbroken
   78  lot, except that sheet metal may be in a comparable substitute
   79  for the original package; and
   80         b. Was purchased by the dealer directly from the
   81  manufacturer or distributor or from an outgoing authorized
   82  dealer as a part of the dealer’s initial inventory.
   83         3. The fair market value of each undamaged sign owned by
   84  the dealer which bears a trademark or trade name used or claimed
   85  by the applicant or licensee or its representative which was
   86  purchased from or at the request of the applicant or licensee or
   87  its representative.
   88         4. The fair market value of all special tools, data
   89  processing equipment, and automotive service equipment owned by
   90  the dealer which:
   91         a. Were recommended in writing by the applicant or licensee
   92  or its representative and designated as special tools and
   93  equipment;
   94         b. Were purchased from or at the request of the applicant
   95  or licensee or its representative; and
   96         c. Are in usable and good condition except for reasonable
   97  wear and tear.
   98         5. The cost of transporting, handling, packing, storing,
   99  and loading any property subject to repurchase under this
  100  section.
  101         (44)(a)The applicant or licensee has directly or
  102  indirectly distributed 1,000 or more motor vehicles of a
  103  particular line-make to motor vehicle dealers in this state
  104  during any 12-month period and has directly or indirectly
  105  distributed more than 33.33 percent of those same line-make
  106  motor vehicles during that 12-month period to one motor vehicle
  107  dealer or to multiple motor vehicle dealers that share common
  108  ownership or control. For purposes of this subsection, a motor
  109  vehicle dealer shares common ownership or control with another
  110  motor vehicle dealer if:
  111         1.It is directly or indirectly controlled by or has more
  112  than 30 percent of its equity interest directly or indirectly
  113  owned by another motor vehicle dealer; or
  114         2.It has more than 30 percent of its equity interest
  115  directly or indirectly controlled or owned by one or more
  116  persons who also directly or indirectly control or own more than
  117  30 percent of the equity interests of another motor vehicle
  118  dealer.
  119         (b)This subsection does not apply to any line-make of
  120  motor vehicle for which there exists a licensed franchised
  121  dealer in this state as of January 1, 2026, or to an applicant
  122  or licensee who is not prohibited by s. 320.645 from owning or
  123  operating a motor vehicle dealership.
  124  
  125  A motor vehicle dealer who can demonstrate that a violation of,
  126  or failure to comply with, any of the preceding provisions by an
  127  applicant or licensee will or may adversely and pecuniarily
  128  affect the complaining dealer, shall be entitled to pursue all
  129  of the remedies, procedures, and rights of recovery available
  130  under ss. 320.695 and 320.697.
  131         Section 2. Subsections (1) and (2) of section 320.643,
  132  Florida Statutes, are amended to read:
  133         320.643 Transfer, assignment, or sale of franchise
  134  agreements.—
  135         (1)(a) Notwithstanding the terms of any franchise
  136  agreement, a licensee may shall not, by contract or otherwise,
  137  fail or refuse to give effect to, prevent, prohibit, or penalize
  138  or attempt to refuse to give effect to, prohibit, or penalize
  139  any motor vehicle dealer from selling, assigning, transferring,
  140  alienating, or otherwise disposing of its franchise agreement to
  141  any other person or persons, including a corporation established
  142  or existing for the purpose of owning or holding a franchise
  143  agreement, unless the licensee proves at a hearing pursuant to a
  144  complaint filed by a motor vehicle dealer under this section
  145  that the sale, transfer, alienation, or other disposition:
  146         1. Is to a person who is not, or whose controlling
  147  executive management is not, of good moral character;
  148         2. Is to a person who or does not meet the written,
  149  reasonable, and uniformly applied standards or qualifications of
  150  the licensee relating to financial qualifications of the
  151  transferee and business experience of the transferee or the
  152  transferee’s executive management; or
  153         3.Would directly cause the licensee to be in violation of
  154  s. 320.64(44).
  155         (b) A motor vehicle dealer who desires to sell, assign,
  156  transfer, alienate, or otherwise dispose of a franchise shall
  157  notify, or cause the proposed transferee to notify, the
  158  licensee, in writing, setting forth the prospective transferee’s
  159  name, address, financial qualifications, and business experience
  160  during the previous 5 years. A licensee who receives such notice
  161  may, within 60 days following such receipt, notify the motor
  162  vehicle dealer, in writing, that the proposed transferee is not
  163  a person qualified to be a transferee under this section and
  164  setting forth the material reasons for such rejection. Failure
  165  of the licensee to notify the motor vehicle dealer within the
  166  60-day period of such rejection shall be deemed an approval of
  167  the transfer. No such transfer, assignment, or sale shall be
  168  valid unless the transferee agrees in writing to comply with all
  169  requirements of the franchise then in effect, but with the
  170  ownership changed to the transferee.
  171         (c)(b) A motor vehicle dealer whose proposed sale is
  172  rejected may, within 60 days following such receipt of such
  173  rejection, file with the department a complaint for a
  174  determination that the proposed transferee has been rejected in
  175  violation of this section. The licensee has the burden of proof
  176  with respect to all issues raised by the complaint. The
  177  department shall determine, and enter an order providing, that
  178  the proposed transferee is either qualified or is not and cannot
  179  be qualified for specified reasons, or the order may provide the
  180  conditions under which a proposed transferee would be qualified.
  181  If the licensee fails to file such a response to the motor
  182  vehicle dealer’s complaint within 30 days after receipt of the
  183  complaint, unless the parties agree in writing to an extension,
  184  or if the department, after a hearing, renders a decision other
  185  than one disqualifying the proposed transferee, the franchise
  186  agreement between the motor vehicle dealer and the licensee is
  187  deemed amended to incorporate such transfer or amended in
  188  accordance with the determination and order rendered, effective
  189  upon compliance by the proposed transferee with any conditions
  190  set forth in the determination or order.
  191         (2)(a) Notwithstanding the terms of any franchise
  192  agreement, a licensee may shall not, by contract or otherwise,
  193  fail or refuse to give effect to, prevent, prohibit, or
  194  penalize, or attempt to refuse to give effect to, prevent,
  195  prohibit, or penalize, any motor vehicle dealer or any
  196  proprietor, partner, stockholder, owner, or other person who
  197  holds or otherwise owns an interest therein from selling,
  198  assigning, transferring, alienating, or otherwise disposing of,
  199  in whole or in part, the equity interest of any of them in such
  200  motor vehicle dealer to any other person or persons, including a
  201  corporation established or existing for the purpose of owning or
  202  holding the stock or ownership interests of other entities,
  203  unless the licensee proves at a hearing pursuant to a complaint
  204  filed by a motor vehicle dealer under this section that the
  205  sale, transfer, alienation, or other disposition:
  206         1. Is to a person who is not, or whose controlling
  207  executive management is not, of good moral character; or
  208         2. Would directly cause the licensee to be in violation of
  209  s. 320.64(44).
  210         (b) A motor vehicle dealer, or any proprietor, partner,
  211  stockholder, owner, or other person who holds or otherwise owns
  212  an interest in the motor vehicle dealer, who desires to sell,
  213  assign, transfer, alienate, or otherwise dispose of any interest
  214  in such motor vehicle dealer shall notify, or cause the proposed
  215  transferee to so notify, the licensee, in writing, of the
  216  identity and address of the proposed transferee. A licensee who
  217  receives such notice may, within 60 days following such receipt,
  218  notify the motor vehicle dealer in writing that the proposed
  219  transferee is not a person qualified to be a transferee under
  220  this section and setting forth the material reasons for such
  221  rejection. Failure of the licensee to notify the motor vehicle
  222  dealer within the 60-day period of such rejection shall be
  223  deemed an approval of the transfer. Any person whose proposed
  224  sale of stock is rejected may file within 60 days of receipt of
  225  such rejection a complaint with the department alleging that the
  226  rejection was in violation of the law or the franchise
  227  agreement. The licensee has the burden of proof with respect to
  228  all issues raised by such complaint. The department shall
  229  determine, and enter an order providing, that the proposed
  230  transferee either is qualified or is not and cannot be qualified
  231  for specified reasons; or the order may provide the conditions
  232  under which a proposed transferee would be qualified. If the
  233  licensee fails to file a response to the motor vehicle dealer’s
  234  complaint within 30 days of receipt of the complaint, unless the
  235  parties agree in writing to an extension, or if the department,
  236  after a hearing, renders a decision on the complaint other than
  237  one disqualifying the proposed transferee, the transfer shall be
  238  deemed approved in accordance with the determination and order
  239  rendered, effective upon compliance by the proposed transferee
  240  with any conditions set forth in the determination or order.
  241         (c)(b) Notwithstanding paragraph (a), a licensee may not
  242  reject a proposed transfer of a legal, equitable, or beneficial
  243  interest in a motor vehicle dealer to a trust or other entity,
  244  or to any beneficiary thereof, which is established by an owner
  245  of any interest in a motor vehicle dealer for purposes of estate
  246  planning, if the controlling person of the trust or entity, or
  247  the beneficiary, is of good moral character.
  248         Section 3. This act shall take effect July 1, 2026.