Amend CSHB 2037 by striking Section 1 and substituting the following: Section 1. Section 3, Chapter 479, Acts of the 72nd Legislature, Regular Session, 1991 (Article 8911, Vernon's Texas Civil Statutes), is amended by adding new Subsections (q), (r), and (s) as follows: (q) Nonrenewal of an agreement by any party shall require a 60 day written notice of nonrenewal by the party choosing not to renew. If nonrenewal of a contract is by the manufacturer or distributor or outboard motor purchased from the manufacturer or distributor, the manufacturer or distributor shall repurchase on written demand from the dealer not later than 60 days after nonrenewal: (1) Any new, unsold, retailable, undamaged and complete boat, with accessories and packaged trailers sold with the boat by the manufacturer or distributor within the one-year period before the date of nonrenewal, in the dealer's inventory, at dealer's invoiced cost, less all allowances paid to the dealer; and (2) Any new, current, unsold, undamaged, and unused parts or accessories for boats or outboard motors, in the original resalable merchandising package purchased by the dealer from the manufacturer or distributor or dealer's invoiced cost. (r) The dealer shall provide the manufacturer or distributor with a complete list of all items listed in Subsection (q) of this section that are to be repurchased. The manufacturer or distributor shall have a reasonable time to complete the repurchase. The manufacturer's and distributor's repurchase obligation extends only to property that is free and clear of any lien or encumbrance. (s) If the dealer chooses not to renew an agreement the manufacturer or distributor is not required to the buy back provisions in Section (q).