Common Entities of Motor Vehicle Distributors and Manufacturers

HB 291 revises Florida's definition of "common entity" for motor vehicle distributors and manufacturers. It defines a "common entity" as an organization with over 30% ownership stake controlled by a manufacturer, distributor, or related entity, or where multiple such entities jointly control it. The bill includes two key exemptions: (1) entities tied to distributors already licensed before March 2023, and (2) U.S.-incorporated manufacturers making vehicles without franchised dealers in Florida. The revised definition would take effect on July 1, 2026, if passed.