Pub. 8 2018 Issue 4

7 IADA PRESIDENT’S MESSAGE The Unifying Voice for Illinois Dealers Behind every successful trade is a strong grass roots association. Your state trade association, IADA, has long been recognized as a premier automobile dealership association as a direct result of your strong membership support and participation. IADA membership is the smartest and most economical investment you can make in your dealership. For a little over $1 a day, here are some of the notable accomplishments achieved through your State Association during recent legislative sessions. WE APPRECIATE YOUR MEMBERSHIP SUPPORT TO CONTINUE LEADING THE CHARGE & ADVANCING DEALER'S PRIORITIES. • IADA passed legislation to raise the allowable doc. fee to $150 (now $175.94 based on annual CPI adjustment). • IADA passed legislation to allow dualing of multiple franchises under one roof. • IADA passed legislation providing surviving dealerships with stronger termination rights. • IADA passed legislation exempting dealers from a rental tax when loaner vehicles are issued under provisions of a warranty or service contract. • IADA passed legislation to strengthen the IL Motor Vehicle Franchise Act (parts reimbursement at retail rate, double the time up to 30 days to file a protest, award expert witness fees). • IADA passed legislation to bring dealers of large truck components under the Motor Vehicle Franchise Act • IADA defeated legislation that would have created an unfair Gross Receipts Tax • IADA defeated legislation that would force dealers to open on Sundays • IADA defeated legislation that would create a 3-day cooling off period for vehicles. • IADA defeated legislation that would create a “Used Car Buyer Protection Act.” • IADA passed legislation reducing manufacturers audit period from 18 to 12 months for all incentive and reimbursement claims. • IADA defeated legislation that would eliminate the dealer’s 1 ¾ % Retailers Sales Tax Collection Allowance. • IADA defeated the Attorney General bill that would have required you to disclose your profit margin on all F&I contracts. • IADA defeated a proposal to allow inaccurate accident information on all Carfax reports. • IADA passed legislation creating a $20 lien release title enabling dealers to complete the vehicle registration process quicker when a lender is slow delivering a certificate of title. On behalf of the Board of Directors and Staff, I congratulate all IADA dealers on your outstanding support of your state association and your grass roots involvement to protect our industry in Illinois.