15RS House Bill 480

House Bill 480

Actions

Last Action	to Transportation (H)
Title	AN ACT relating to powersport vehicles.
Bill Documents	Bill
Bill Request Number	959
Sponsor	F. Steele
Summary of Original Version	Amend KRS 190.010 to define terms; amend KRS 190.030 to establish a fee schedule and establish a powersport vehicle dealer license and powersport vehicle salesperson license; amend KRS 190.033 to require an applicant or holder of a powersport vehicle dealer's license to have on file with the commission an approved indemnifying bond or insurance policy; amend KRS 190.035 to require powersport vehicle dealers to have an established place of business to obtain a license; amend 190.040 to establish when a powersport vehicle license may be denied, suspended, or revoked; amend KRS 190.062 to set forth action for damages in Franklin Circuit Court; amend KRS 190.090 to include powersport vehicles in the installment sales contract provisions; amend KRS 190.260, 190.270, and 190.300 to include powersport vehicles in the odometer provisions; amend KRS 190.990 to apply penalty provisions to new powersport vehicle dealers; amend KRS 190A.010 to define and redefine terms to include powersport vehicles, powersport vehicle dealers, "new powersport vehicle dealers", and "powersport vehicle salespersons within the chapter"; amend KRS 190A.020 to provide that the Motor Vehicle Commission shall issue powersport vehicle licenses; amend KRS 190A.030 to set forth the conditions that apply to the area of sales responsibility of a powersport vehicle dealer; amend KRS 190A.040 to prescribe procedures for the termination or nonrenewal of a powersport vehicle dealer agreement; amend KRS 190A.050 to establish when a new powersport vehicle dealer may terminate a dealer agreement; amend KRS 190A.060 to set forth when remaining in-stock powersport vehicles may be sold following the termination or nonrenewal of a dealer agreement; amend KRS 190A.070 to set forth the conditions that apply when there is a change of ownership of a powersport vehicle dealer; amend KRS 190A.080 to establish a warrantor's obligations to a powersport vehicle dealer; amend KRS 190A.090 to set forth prohibited specified actions by a powersport vehicle warrantor; amend KRS 190A.100 to set forth prohibited specified actions by a powersport vehicle dealer; amend KRS 190A.110 to establish that it is a violation for a warrantor to fail to indemnify its new powersport vehicle dealer for losses or damages caused by the warrantor; amend KRS 190A.120 to establish the procedures a powersport vehicle dealer and manufacturer must follow if dealer received a damaged powersport vehicle; amend KRS 190A.130 to prohibit coercive actions by a powersport vehicle manufacturer
Index Headings of Original Version	Motor Vehicles - Powersport vehicle manufacturers and dealers, requirements for State Agencies - Motor Vehicle Commission, powersport vehicle dealer licenses Trade Practices and Retailing - Powersport vehicle manufacturers and dealers, requirements for Transportation - Powersport vehicle manufacturers and dealers, requirements for Contracts - Powersport vehicle manufacturers and dealers, agreements between, requirements for Corporations - Powersport vehicle manufacturers and dealers, requirements for

02/23/15	introduced in House
02/24/15	to Transportation (H)