6 | 5 | | |
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7 | 6 | | General Assembly Committee Bill No. 5267 |
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8 | 7 | | January Session, 2019 |
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9 | 8 | | LCO No. 6317 |
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10 | 9 | | |
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11 | 10 | | |
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12 | 11 | | Referred to Committee on GENERAL LAW |
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13 | 12 | | |
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14 | 13 | | |
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15 | 14 | | Introduced by: |
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16 | 15 | | (GL) |
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17 | 16 | | |
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18 | 17 | | |
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19 | 18 | | |
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20 | 19 | | AN ACT CONCERNING FA IR REIMBURSEMENT TO RET AIL |
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21 | 20 | | DEALERS OF POWER EQU IPMENT. |
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22 | 21 | | Be it enacted by the Senate and House of Representatives in General |
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23 | 22 | | Assembly convened: |
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24 | 23 | | |
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25 | 24 | | Section 1. Section 42-351 of the general statutes is repealed and the 1 |
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26 | 25 | | following is substituted in lieu thereof (Effective January 1, 2020): 2 |
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27 | 26 | | (a) Whenever a supplier and a dealer enter into a dealer agreement 3 |
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28 | 27 | | that provides for consumer warranties, the supplier shall pay any 4 |
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29 | 28 | | warranty claim made for parts and service not later than thirty days 5 |
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30 | 29 | | after receipt and approval of such claim by the supplier. The supplier 6 |
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31 | 30 | | shall approve or disapprove a warranty claim not later than thirty days 7 |
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32 | 31 | | after receipt of such claim by the supplier. If a warranty claim is not 8 |
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33 | 32 | | disapproved in writing by the thirtieth day after receipt of such claim 9 |
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34 | 33 | | by the supplier, it shall be deemed to be approved and payment shall 10 |
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35 | 34 | | be made by the supplier not later than thirty days thereafter. 11 |
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36 | 35 | | (b) A supplier that pays a warranty claim pursuant to subsection (a) 12 |
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37 | 36 | | of this section shall pay the dealer the current net price plus eighteen 13 |
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38 | 37 | | per cent for any parts and the hourly posted labor rate the dealer 14 |
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45 | 43 | | |
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46 | 44 | | been previously made known to the supplier. 16 |
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47 | 45 | | (c) The wholesale price on which a dealer's markup reimbursement 17 |
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48 | 46 | | is based for any parts used in performance of a warranty, recall or 18 |
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49 | 47 | | campaign shall not be less than the highest wholesale price listed in the 19 |
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50 | 48 | | supplier's wholesale price catalogue during the twelve-month period 20 |
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51 | 49 | | prior to the start of the recall or campaign. 21 |
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52 | 50 | | (d) A supplier shall not deny a warranty claim made by a dealer 22 |
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53 | 51 | | pursuant to subsection (a) of this section or charge-back such a claim 23 |
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54 | 52 | | following a timely audit based solely on the dealer's failure to comply 24 |
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55 | 53 | | with a claim processing procedure, a clerical error or other 25 |
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56 | 54 | | administrative technicality, provided the failure to comply does not 26 |
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57 | 55 | | call into question the legitimacy of the claim. The supplier shall allow 27 |
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58 | 56 | | the dealer to resubmit a denied claim according to reasonable supplier 28 |
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59 | 57 | | guidelines not later than thirty days after the initial claim denial or 29 |
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60 | 58 | | charge-back. 30 |
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61 | 59 | | This act shall take effect as follows and shall amend the following |
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62 | 60 | | sections: |
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63 | 61 | | |
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64 | 62 | | Section 1 January 1, 2020 42-351 |
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65 | 63 | | |
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