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 interests linked to a manufacturer, importer, distributor, or their affiliates. Notably, 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.

The bill also specifies that an entity will not be considered a common entity if it solely manufactures or assembles vehicles that belong to a motor vehicle line-make without franchised dealers in Florida. This change aims to provide clearer guidelines regarding the relationships between manufacturers, distributors, and their affiliates, potentially impacting the regulatory landscape for motor vehicle distribution in the state. The act is set to take effect on July 1, 2026.

Statutes affected:
S 352 Filed: 320.60