Petroleum Marketing Practices Act Amendments of 1987

Summary

Petroleum Marketing Practices Act Amendments of 1987 - Amends the Petroleum Marketing Practices Act to provide that, with respect to the sale, consignment, or distribution of motor fuel, the term "franchise" includes any contract between specified parties which is economically necessary to the operation of the franchise. Provides that the termination or non-renewal of a franchise relationship, upon expiration of an underlying lease for marketing premises, is reasonable in the event that the franchisor: (1) has an option to renew or purchase an underlying lease or premises and, at least 90 days before such option expires, provides the franchisee with the name, address, and phone number of the owner or lessor; and (2) agrees not to terminate the franchise relationship solely because of the lease and option expiration during any term during which the franchisee is able to retain possession of the premises as a result of entering into an agreement with the owner or lessor.

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

Timeline

1. 16 March 1988

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources.

   Source: IntroReferral

2. 16 March 1988

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 17 March 1988

   Referred

   Referred to Subcommittee on Energy Regulation.

   Source: Committee

4. 4 October 1988

   Committee

   Subcommittee on Energy Regulation. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 16 March 1988

  Open at official source

Sponsors

• Sen. Ford, Wendell H. [D-KY] · D · Sponsor
• Sen. Gore, Albert, Jr. [D-TN] · D · Sponsor
• Sen. Durenberger, Dave [R-MN] · R · Cosponsor
• Sen. Boschwitz, Rudy [R-MN] · R · Cosponsor
• Sen. Melcher, John [D-MT] · D · Cosponsor
• Sen. DeConcini, Dennis [D-AZ] · D · Cosponsor
• · sseg00 · Standing

Related records

No cross-record relationships stored yet.