Congress 107 - HR 1951 - 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.

Sponsor

Cosponsors

Topics

Civil actions and liability Commerce Contracts Energy Franchises (Retail trade) Landlord and tenant Law Leases Legal fees Motor vehicles Petroleum industry Petroleum prices Price fixing Service stations Transportation and Public Works

Full Text

View Full Bill Text

Votes

Summary

Amends the Petroleum Marketing Practices Act to prohibit the transfer or assignment of leased marketing premises during the franchise term unless the franchisor has first: (1) made a bona fide offer to the franchisee at least 45 days before the proposed transfer or assignment; 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 interest 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.

Actions

Jun 1, 2001

Referred to the Subcommittee on Energy and Air Quality.
May 22, 2001

Referred to the House Committee on Energy and Commerce.
May 22, 2001

Introduced in House

Amendments

Related Bills