Comments: IL HB3940 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Motor Vehicle Franchise Act. Provides that the sale of motor vehicles by unlicensed dealers shall be prohibited (rather than should be prevented). Changes the manner in which dealers are reimbursed by manufacturers. Provides that manufacturers must pay a dealer no less than the amount a retail customer pays the dealer for the same services. Authorizes the use of agreed upon time guides. Applies to warranty work and factory recalls. Establishes a manner of determining effective labor rates.

Sponsorship: Moderate Partisan Bill (Democrat 27-6)

Status: (Passed) 2021-07-30 - Public Act . . . . . . . . . 102-0232 [HB3940 Detail]

Text: Latest bill text (Chaptered) [HTML]

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