HR 2750 · 111th Congress · Finance and Financial Sector

Automobile Dealer Economic Rights Restoration Act of 2009

Introduced 2009-06-08· Sponsored by Rep. LaTourette, Steven C. [R-OH-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2009-06-08)

Plain Language Summary

[AI summary unavailable — showing source text] Automobile Dealer Economic Rights Restoration Act of 2009 - Prohibits any automobile manufacturer in which the federal government has an economic interest from depriving an automobile dealer of its economic rights as they existed prior to the commencement of a bankruptcy case by the manufacturer, including the dealer's rights to recourse under state law. Requires such manufacturers to restore the franchise agreements with dealers that were in effect prior to the bankruptcy case.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

1 Democrat14 Republicans