A bill to provide for protection of franchised dealers in petroleum products.

Summary

Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 27 June 1974

   Introduced

   Referred to House Committee on Interstate and Foreign Commerce.

   Source: IntroReferral

2. 27 June 1974

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 June 1974

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 27 June 1974

  Open at official source

Sponsors

• Rep. Conte, Silvio O. [R-MA-1] · R · Sponsor
• · hsif00 · Standing

Related records

• related to → A bill to provide for protection of franchised dealers in petroleum products.