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Legislative record

SB 534STATE · VirginiaIntroduced

Motor vehicle dealers; sale of franchise.

Voted 4/17/2024

Summary

Motor vehicle dealers; sale of franchise. Changes the deadline for a vehicle manufacturer, factory branch, distributor, or distributor branch to reject the sale or transfer of a dealership from 30 days prior to the effective date of the sale or transfer to 60 days from the receipt of notice from the dealer of the proposed sale or transfer and lists requirements for such notice from the dealer. The bill provides that an objection to a sale or transfer based on an applicant's years of motor dealer management experience is a reasonable objection but removes the right to object based on other applicant qualifications. The bill further provides that a franchisor's consent to a relocation of a business cannot be unreasonably withheld. This bill is identical to HB 191.

Digest published by the state legislature, retrieved via Open States. Heard is not affiliated with either.

Bill text

The full text of this bill isn't on Heard yet. The official documents are linked below.

Roll-call record

How representatives voted

346 yea·0 nay·7 other

Docket history

Action history

  1. 4/17/2024Senate concurred in Governor's recommendation (40-Y 0-N)
  2. 4/17/2024House concurred in Governor's recommendation BLOCK VOTE (97-Y 0-N)
  3. 4/17/2024BLOCK VOTE: (97-Y 0-N)
  4. 4/17/2024Governor's recommendation adopted
  5. 4/17/2024Reenrolled
  6. 4/17/2024Reenrolled bill text (SB534ER2)
  7. 4/17/2024Signed by President as reenrolled
  8. 4/17/2024Signed by Speaker as reenrolled
  9. 4/17/2024Enacted, Chapter 791 (effective 7/1/24)
  10. 4/17/2024Acts of Assembly Chapter text (CHAP0791)