Relates to warranties and sales incentives

Summary

The bill amends New York’s vehicle law to obligate franchisors and their affiliates to fully compensate franchised dealers for warranty parts, labor, and related services. Compensation must follow reasonable labor time allowances or, if those are unavailable, a multiplier of the franchisor’s time allowance, and must be paid within 30 days of claim approval. It also sets rules for how dealers declare reimbursement rates and limits how often those rates can be changed.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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