Bills › 89th General Assembly

HF 556Signed by Governor · April 30, 2021

Providing for the termination of dealership agreements involving agricultural equipment

Sponsored by the House Commerce Committee

Topics:AgricultureBusiness & economy

Same legislation: HSB 181, SSB 1187, SF 454

Where it is now

  1. Done: IntroducedFebruary 3, 2021
  2. Done: SubcommitteeFebruary 3, 2021
  3. Done: House committeeFebruary 15, 2021
  4. Done: Passes the HouseFebruary 23, 2021
  5. Done: Senate committeeFebruary 24, 2021
  6. Done: Passes the SenateApril 7, 202144–0
  7. Done: To the GovernorApril 30, 2021
  8. Done: Signed into lawApril 30, 2021

Signed into law What’s a funnel?

What’s in it

AI summary When a business agreement between an equipment supplier and a dealer ends, the supplier must pay the dealer for unused equipment, repair parts, and computer devices. These rules apply no matter which side decides to end the relationship. This change affects companies that sell or service equipment used for farming and gardening.1

Read the official explanation

1(1)).1(5)).8). A dealer may exercise a number of rights if the agreement is terminated.3(1)). The bill specifies that the termination procedures apply regardless of which party terminated the agreement.

Full bill text · What changed before it passed2

House subcommittee

Named February 3, 2021 (as HSB 181). On February 11, 2021 it recommended passage. Vote Total: 3-0.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§322F.3

How the Code works3

Lobbying

2 for · 0 against · 2 undecided · Who →

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