Common Entities of Motor Vehicle Distributors and Manufacturers

SB 352 revises Florida's definition of "common entity" for motor vehicle distributors and manufacturers. It defines a "common entity" as an organization controlled by or owning over 30% of another entity in the auto industry, or owned by entities that control over 30% of a manufacturer/distributor. The bill includes two key exemptions: (1) entities tied to distributors licensed before March 1, 2023, meeting specific conditions, and (2) U.S.-incorporated manufacturers of vehicles without franchised dealers in Florida. These changes aim to clarify regulatory relationships within the auto industry and take effect July 1, 2026.