This bill amends section 320.60 of the Florida Statutes, which defines the term "common entity" in relation to motor vehicle distributors and manufacturers. The revised definition clarifies that a common entity is a person who is controlled by or has significant ownership (more than 30 percent) by a manufacturer, importer, distributor, or their affiliates. The bill introduces new criteria that exempt certain entities from being classified as common entities of a distributor or manufacturer if specific conditions are met, including the distributor's licensing status as of March 1, 2023, and the entity's manufacturing activities.

Key insertions in the bill include the addition of "or a manufacturer" in the definition of common entities, which broadens the scope of the term. Furthermore, it specifies that an entity is not considered a common entity if it solely manufactures or assembles vehicles that belong to a motor vehicle line-make without franchised dealers in Florida. The bill is set to take effect on July 1, 2026.

Statutes affected:
S 352 Filed: 320.60