Small Business Motor Fuel Marketer Preservation Act

Summary

Small Business Motor Fuel Marketer Preservation Act - Amends the Small Business Act to authorize the Small Business Administration (SBA) to make loans to small businesses acquiring gas stations from a refiner. Makes it unlawful for a refiner, other than an independent or small refiner, to operate a gas station in the United States. Requires a refiner, in disposing of any interest in a station, to offer a right of first refusal to the dealer. Sets forth requirements governing such an offer. Makes it unlawful for any person to interfere in any way with the purchasing, selling, or storing of motor fuel by a dealer. Permits contracts requiring a dealer to purchase motor fuel exclusively from a particular refiner or distributor if such contract assures the dealer the right to purchase fuel elsewhere if the refiner or distributor does not have such fuel readily available. Makes it unlawful for any dealer at a station displaying a trademark or identifying symbol of a particular refiner to sell motor fuel not refined by such refiner without providing notice to purchasers. Requires each refiner within 90 days of enactment and annually thereafter to provide to the Federal Trade Commission (FTC) information regarding the number of barrels of crude oil produced and refined during the preceding year. Permits civil actions to be brought by the FTC or private parties against violators of this Act. Directs the FTC to prescribe regulations required by this Act.

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1 official file

• Introduced in House

  summary · EN · 2 March 1983

  Open at official source

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