AB581,14 Section 14. Trans 138.03 (3) (b) of the administrative code is amended to read:

AB581,6,22 Trans 138.03 (3) (b) Each licensee sharing a permanent building with another licensee shall satisfy all of the requirements of par. (a) (am) within 1 year 6 months after July 1, 1991 or the the effective date of this paragraph .... [LRB inserts date]. The license for each noncomplying dealership licensee may be denied or suspended until the dealership facilities comply with this section.

AB581,15 Section 15. Trans 138.03 (3) (c) of the administrative code is repealed.

AB581,16 Section 16. Trans 138.04 (3) (intro.) of the administrative code is amended to read:

AB581,7,18 Trans 138.04 (3) (intro.) Retention requirements. The used vehicle information described in sub. (1) (f) shall be maintained for a period of 5 years, as required by s. 342.16, Stats., and all other required records shall be maintained for a period of 5 years from the date of sale, including copies of factory invoices, dealer reassignment forms, consignment agreements, purchase contracts, MV1 or MV11 Wisconsin title, registration, or license plate applications, Wisconsin buyers guides, regular and conforming power of attorney forms, prior owner odometer disclosure statements, dealer's subsequent odometer disclosure statements, lessor's notices to lessees relating to odometer disclosure required at end of lease, and lessee's odometer disclosure statement completed at end of lease. The records shall be kept in the place of business during the business hours indicated on the sign required under s. Trans 138.06 (2) and shall be retrievable by an employee of the licensee and open to inspection and copying by a representative of the department during reasonable business hours. Multi-location dealerships may keep records at a single location. If the location is out of state, the dealerships shall reimburse the department for actual and necessary expenses, plus wages pursuant to the appropriate state compensation plan or applicable labor agreement for examining the documents at that location. The actual and necessary expenses charged include the following:

AB581,17 Section 17. Trans 138.045 of the administrative code is created to read:

AB581,7,21 Trans 138.045 Hours of operation. (1) Motor vehicle dealers shall establish weekly business hours, including at least 4 consecutive hours, 2 days per week.

AB581,7,23 (2) Motor vehicle wholesalers shall establish weekly business hours, including at least 4 consecutive hours, one day per week.

AB581,7,25 (3) Motor vehicle auction dealers shall establish weekly business hours, including at least 6 consecutive hours, one day per week.

AB581,18 Section 18. Trans 138.06 (2) of the administrative code is amended to read:

AB581,8,3 Trans 138.06 (2) A sign posted on or adjacent to the entrance door describing the dealer's business hours, as established under s. Trans 138.045.

AB581,19 Section 19. Effective dates. This act takes effect on the day after publication, except as follows:

AB581,8,6 (1) The treatment of administrative rules takes effect as provided in s. 227.265.

AB581,8,7 (End)