A bill to amend the Petroleum Marketing Practices Act.

Summary

Amends the Petroleum Marketing Practices Act to make as a ground for nonrenewal of a franchise relationship the failure of the parties to agree to franchise changes which are fair and reasonable when evaluated in terms of their impact on the franchisee's operation of the marketing premises. Makes as an event relevant to the reasonable termination of a franchise relationship the non-exercise by the franchisor of an option to renew or purchase the underlying lease of the leased marketing premises (where timely notice and identification of the underlying owner or lessor have been provided). Prohibits a franchisor, when such an option has not been exercised, from terminating or failing to renew a franchise because the franchisee has agreed with the owner or lessor of the underlying lease to maintain possession of the leased premises. Requires the franchisor, if after a good faith effort the franchisee fails to obtain possession of the premises, to pay to the franchisee the reasonable value of the good will of the business attributable to the franchisee's efforts, if the franchise is terminated or not renewed.

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Timeline

1. 18 September 1985

   Introduced

   Referred to House Committee on Energy and Commerce.

   Source: IntroReferral

2. 18 September 1985

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 September 1985

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 September 1985

   Referred

   Referred to Subcommittee on Fossil and Synthetic Fuels.

   Source: Committee

5. 5 December 1985

   Committee

   Subcommittee Hearings Held.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 18 September 1985

  Open at official source

Sponsors

• Rep. Florio, James J. [D-NJ-1] · D · Sponsor
• · hsif00 · Standing

Related records

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