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92_HB4720sam001
LRB9212051WHcsam
1 AMENDMENT TO HOUSE BILL 4720
2 AMENDMENT NO. . Amend House Bill 4720 by replacing
3 everything after the enacting clause with the following:
4 "Section 5. The Illinois Equipment Fair Dealership Law
5 is amended by adding Section 4.5 as follows:
6 (815 ILCS 715/4.5 new)
7 Sec. 4.5. Warranty work. Retailers who do warranty
8 repair work for a consumer under the provisions of a
9 manufacturer's express warranty shall be reimbursed by the
10 manufacturer for warranty work at an hourly rate that is the
11 same as or greater than the hourly labor rate that the
12 retailer charges consumers for non-warranty repair work.
13 The provisions of this Section shall not apply to a
14 supplier or dealer where a written dealer agreement provides
15 for compensation to a dealer for warranty labor costs either
16 as part of the pricing of the equipment to the dealer or in
17 the form of a lump sum payment, provided the payment is not
18 less than 5% of the suggested retail price of the
19 equipment.".