Pub. 4 2014 Issue 3

6 AUTOMOBILE DEALER NEWS ILLINOIS www.illinoisdealers.com I ADA recently mailed to all members an updated copy of our CAR of Illinois Legislative Report which details the latest legislative actions of the Illinois General Assembly impacting your dealership. We are pleased to report we were successful in enacting sweeping changes to Long Term Leases in Illinois, changing the tax base from the selling price of a leased vehicle to the monthly lease payments. Compromising by eliminating the lease tax credits, we were able to overcome the Department of Revenue’s concerns and ultimately the Governor signed the lease tax legislation which will become effective January 1, 2015. As we get closer to the ef- fective date we will prepare information which will assist your employees with the new requirements to lease vehicles in Illinois. We were also successful in defeating several of Senator Ober- weis’ attempts to repeal the Sunday Closing Law. With little sup- port in the Transportation Committee he repeatedly attempted to hold hearings and even attempted to move the legislation to a different committee to seek support for additional hearings. IADA appreciated our members voicing their opposition to these attempts to repeal the Sunday Closing law. For a change, IADA worked closely with the manufacturer lobbyists to hold off legislation which passed the Illinois House and was held in the Senate. This legislation would have required the State of Illinois to purchase or lease vehicles manufactured only in the United States. This legislation would have hurt both domestic and import manufacturers and ultimately our mem- bership. Attempts to eliminate as-is sales and the dealer’s retail collec- tion allowance were also defeated during this legislative session. With this being an election year we want to sincerely thank everyone for their support of CAR of Illinois, IADA’s Political Action Fund and DEAC, NADA’s Political Action Fund. Both of these funds are vitally important to help maintain a strong dealer voice in Springfield and Washington D.C. When asked to contribute please help us, help you, in the legislative arena! I would also like to thank the CATA for their involvement in working with IADA. Their continued involvement helps strengthen our industry through a united effort in representing franchised dealers. Sincerely, PETER SANDER IADA President Chairman M r. Mike Mangold / 309.467.2344 Mangold Ford Mercury, Inc. 1100 West Center St., Eureka, IL 61530 Vice Chairman Mr. Dave Taylor / 815.935.7900 Taylor Chrysler Dodge Jeep 1497 N. Route 50, Bourbonnais, IL 60914 Treasurer Mr. Sam Roberts / 618.466.7220 Roberts Motors, Inc. 4350 Albey St., Alton, IL 62002 Secretary Mr. Jack Schmitt / (618) 628-2500 Jack Schmitt Chevrolet 127 Regency Park Dr., O Fallon, IL 62269 President Peter J. Sander / 217.753.0220 Illinois Automobile Dealers Association 300 W. Edwards, P.O. Box 3045, Springfield, IL 62708 Illinois Automobile Dealers Association 300 West Edwards Street, Springfield, Illinois 62708 T 217.753.0220 • F 217.753.3424 www.IllinoisDealers.com IADA PRESIDENT’S Letter | BY PETE SANDER 2014 OFFICERS What a Legislative Session It Was!