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.
Referred to the Subcommittee on Energy and Air Quality.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Feb 26, 2003
Amends the Petroleum Marketing Practices Act to prohibit a franchisor 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 leased marketing 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 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.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 15, 2025. Consult Congress.gov for the current record.
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