Nebraska LB667 amends the Motor Vehicle Industry Regulation Act to change compensation for parts and labor for new motor vehicle dealers.
Nebraska LB667 amends the Motor Vehicle Industry Regulation Act to change provisions relating to compensation for diagnostic work and parts. It specifies that compensation for parts should only be based on retail sales not involving warranty repairs. It also sets a thirty-day period for manufacturers to approve or disapprove claims and mandates that compensation for dealers should not be less than the rates charged to retail or fleet customers, as long as they are reasonable.
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