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H.R. 3926 · 109th Congress

To prohibit certain transfers or assignments of franchises, and to prohibit certain fixing or maintaining of…

Full title

To prohibit certain transfers or assignments of franchises, and to prohibit certain fixing or maintaining of motor fuel prices, under the Petroleum Marketing Practices Act.

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

AWD WynnSponsor

No cosponsors.

Amends the Petroleum Marketing Practices Act to prohibit a franchisor of leased marketing premises from transferring or assigning its interest in the franchise during the term of the franchise unless the franchisor, at least 45 days before the proposed transfer or assignment, has first: (1) made a bona fide offer to the franchisee to sell, transfer, or…

What it does: CRS summary · Introduced in House · Sep 27, 2005
Amends the Petroleum Marketing Practices Act to prohibit a franchisor of leased marketing premises from transferring or assigning its interest in the franchise during the term of the franchise unless the franchisor, at least 45 days before the proposed transfer or assignment, has first: (1) made a bona fide offer to the franchisee to sell, transfer, or assign to the franchisee the franchisor's interests in the premises; or (2) offered the right of first refusal (of at least 45 days' duration) to the franchisee regarding an offer made by another to acquire the franchisor's interests in the premises.

Declares null, void, and unenforceable a franchise or marketing agreement that, in the event of litigation, calls for payment by either party of the prevailing party's legal expenses.

States that it shall be a violation of the Act for a refiner or distributor to fix or maintain motor fuel retail prices at a retail outlet supplied by that refiner or distributor, unless the refiner or distributor also operates such outlet.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To prohibit certain transfers or assignments of franchises, and to prohibit certain fixing or maintaining of motor fuel prices, under the Petroleum Marketing Practices Act.

Latest action (Oct 17, 2005): Referred to the Subcommittee on Energy and Air Quality.

Policy area: Commerce · Origin: House · Introduced: Sep 27, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.