NADA Endorses Maffei-Kratovil Bill
June 10, 2009
NADA Endorses Maffei-Kratovil Bill
NADA ENDORSES MAFFEI-KRATOVIL BILL
Legislation Would Restore Franchise Law Rights to Auto Dealers
Today, the NADA Board of Directors voted to endorse H.R. 2743, "The Automobile Dealer Economic Rights Restoration Act," sponsored by Reps. Daniel Maffei (D-N.Y.) and Frank Kratovil (D-Md.). The legislation:
- Restores the protections of state motor vehicle franchise laws to General Motors and Chrysler dealers as they existed prior to each company's bankruptcies;
- Preserves General Motors and Chrysler car dealers' rights to recourse under state law;
- At the request of an automobile dealer, requires General Motors and Chrysler to reinstate franchise agreements in effect prior to each company's bankruptcies; and,
- Makes clear that the legislation is not intended to void the court-ordered transfer of assets from Chrysler to New CarCo or the transfer of General Motors assets that could be approved by a court after the introduction of the Act.
A copy of the legislation's text and a letter from Reps. Maffei and Kratovil to their colleagues is attached. We look forward to working with you to gain support for passage of this critical legislation
Please encourage your Members of Congress to immediately cosponsor this legislation. Click Here for Ohio House of Representative Contact information / Click Here for Ohio Senator Contact Information.
Click here to download a sample letter that can be sent to Members of Congress to solicit support of this legislation. Note that this document will need to be customized to fit your particular situation and should be used only as a guide in writing an official letter to your representative(s). Ground mail addresses and email contact information for each representative can be found at the links listed above.
You may consider passing this information along to your dealership staff, customers, family, friends and collegues so that they may also contact their appropriate representatives. Should you choose to enlist support of this issue amongst your contacts keep in mind many people now make efficient use of facebook, twitter and other similar social networks to quickly dissemenate this type of information and suggestion of their use may be a viable option in this scenario.
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