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HF 547 Senate Long Description

Regulating payment for warranty claims submitted by farm equipment +dealers to farm equipment manufacturers; specifying certain prompt payment or +denial requirements, requiring specific grounds for disapproval to claiming +dealers; specifying certain requirements for the payment of warranty claims +after contract termination; regulating compensation for warranty work and +parts; authorizing manufacturer adjustment for certain errors; authorizing +farm equipment dealers to accept certain alternate reimbursement terms and conditions in the form of discounts or lump sum payments under +certain dealer and manufacturer agreement conditions; expanding the definition of +heavy and utility equipment to equipment used for mining or forestry +applications (Ch. 78, 2003)