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Lynch signs auto dealer protection into law
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| Contributor | Homegrown Democrat |
| Last Edited | Homegrown Democrat May 06, 2009 07:29pm |
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| Category | News |
| News Date | Thursday, May 7, 2009 01:10:00 AM UTC0:0 |
| Description | CONCORD – The state's new car dealers got a boost today with quick passage of a measure meant to protect their businesses and their workers during upheaval in the auto industry.
Gov. John Lynch signed Senate Bill 153 into law hours after it passed the House and Senate in its final form. The law is meant to minimize the loss of jobs that could occur when dealers end their contracts with manufacturers.
Almost all Republicans and Democrats in both the House and Senate supported the bill. Its sponsors said the state needed to act quickly. Manufacturers are poised to begin canceling their contracts with dealers across the country in their struggle to survive. Up to 25 New Hampshire dealers could be affected, according to the New Hampshire Auto Dealers Association.
The House approved the bill, 295-66, and the Senate passed it on a voice vote. |
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