AN ACT TO CREATE NEW SECTION 63-17-86, MISSISSIPPI CODE OF 1972, TO PROVIDE OBLIGATIONS OF MOTOR VEHICLE MANUFACTURERS, DISTRIBUTORS AND DEALERS WITH REGARD TO RATES FOR PARTS AND LABOR; TO PROVIDE THAT THE PARTS MARKUP AND LABOR RATE MAY BE ESTABLISHED AT THE ELECTION OF THE DEALER BY THE DEALER SUBMITTING TO THE MANUFACTURER CERTAIN INFORMATION AND DECLARING THE PARTS MARKUP OR LABOR RATE; TO PROVIDE THAT A SUBMITTED PARTS MARKUP OR LABOR RATE SHALL EACH BE PRESUMED TO BE REASONABLE UNLESS THE MANUFACTURER REBUTS THAT PRESUMPTION WITHIN A CERTAIN PERIOD OF TIME; TO PROVIDE THAT THE DEALER MAY FILE A PROTEST WITH THE MOTOR VEHICLE COMMISSION IF THE DEALER AND THE MANUFACTURER DO NOT AGREE ON THE PARTS MARKUP OR LABOR RATE; TO AMEND SECTION 63-17-55, MISSISSIPPI CODE OF 1972, TO INCLUDE DEFINITIONS FOR "PREDELIVERY PREPARATION OBLIGATIONS," "WARRANTY WORK," "REPAIR ORDER," "QUALIFIED REPAIR" AND "QUALIFIED REPAIR ORDER," WHEN USED IN THE MOTOR VEHICLE COMMISSION LAW; TO AMEND SECTION 63-17-85, MISSISSIPPI CODE OF 1972, TO REVISE THE GROUNDS FOR DENIAL, REVOCATION OR SUSPENSION OF A LICENSE UNDER THE MOTOR VEHICLE COMMISSION LAW; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 63-17-55, 63-17-85
As Passed by the Senate: 63-17-55, 63-17-85