HB2174
Motor vehicle dealers; manufacturers and factory branch transfers, etc.
Summary
As Passed Both Chambers. Motor vehicle dealers and manufacturers.
Provides that if a motor vehicle manufacturer or factory branch discontinues, sells, or transfers its right to manufacture a line-make of motor vehicles, and the acquiring manufacturer or factory branch does not honor an existing franchise agreement with motor vehicle dealers in Virginia, such discontinuation, sale, or transfer shall constitute ... (More) a termination of the franchise and such motor vehicle dealers shall be entitled to compensation pursuant to Virginia law. The bill provides that a manufacturer or distributor's right to first refusal in the event of a proposed sale or transfer of a dealership does not apply if such sale or transfer is not to a dealer licensed anywhere in the United States as a dealer holding a franchise from any manufacturer or to a distributor licensed as a manufacturer or distributor in the Commonwealth unless the exercise of such right of first refusal by a manufacturer or distributor with a program promoting minority dealers would lead to a minority dealer having a majority ownership of a dealership. The bill exempts certain manufacturers and distributors from the limitations on the right of first refusal. (Less)-
Bill History
- 01/08/2019 - House: Prefiled and ordered printed; offered 01/09/19 19101456D
- 01/08/2019 - House: Referred to Committee on Transportation
- 01/14/2019 - House: Assigned Transportation sub: Subcommittee #3
- 01/22/2019 - House: Impact statement from DPB (HB2174)
- 01/22/2019 - House: House committee, floor amendments and substitutes offered
- 01/22/2019 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 01/29/2019 - House: Reported from Transportation with substitute (22-Y 0-N)
- 01/29/2019 - House: Committee substitute printed 19105473D-H1
- 01/31/2019 - House: Read first time
- 02/01/2019 - House: Read second time
- 02/01/2019 - House: Committee substitute agreed to 19105473D-H1
- 02/01/2019 - House: Engrossed by House - committee substitute HB2174H1
- 02/04/2019 - House: Read third time and passed House (95-Y 2-N)
- 02/04/2019 - House: VOTE: PASSAGE (95-Y 2-N)
- 02/05/2019 - Senate: Constitutional reading dispensed
- 02/05/2019 - Senate: Referred to Committee on Transportation
- 02/07/2019 - House: Impact statement from DPB (HB2174H1)
- 02/13/2019 - Senate: Reported from Transportation with amendments (11-Y 2-N)
- 02/15/2019 - Senate: Constitutional reading dispensed (37-Y 0-N)
- 02/18/2019 - Senate: Read third time
- 02/18/2019 - Senate: Reading of amendments waived
- 02/18/2019 - Senate: Committee amendments agreed to
- 02/18/2019 - Senate: Reading of amendments waived
- 02/18/2019 - Senate: Amendments by Senator McPike agreed to
- 02/18/2019 - Senate: Engrossed by Senate as amended
- 02/18/2019 - Senate: Passed Senate with amendments (40-Y 0-N)
- 02/19/2019 - House: Placed on Calendar
- 02/19/2019 - House: Senate amendments agreed to by House (98-Y 0-N)
- 02/19/2019 - House: VOTE: ADOPTION (98-Y 0-N)
- 02/22/2019 - House: Enrolled
- 02/22/2019 - House: Bill text as passed House and Senate (HB2174ER)
- 02/22/2019 - House: Impact statement from DPB (HB2174ER)
- 02/22/2019 - House: Signed by Speaker
- 02/22/2019 - Senate: Signed by President
- 03/04/2019 - House: Enrolled Bill communicated to Governor on March 4, 2019
- 03/04/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/21/2019 - Governor: Approved by Governor-Chapter 738 (effective 7/1/19)
- 03/21/2019 - Governor: Acts of Assembly Chapter text (CHAP0738)
