HR 5750 · 98th Congress · Energy

A bill to amend the Petroleum Marketing Practices Act with respect to cases involving withdrawals of branded marketing and withdrawals due to mergers.

Introduced 1984-05-30· Sponsored by Rep. Bedell, Berkley W. [D-IA-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Fossil and Synthetic Fuels.(1984-06-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Petroleum Marketing Practices Act to permit any franchisor to terminate or fail to renew a franchise if, in the case of any franchise entered into prior to the date of the enactment of this Act and in any case of a three year franchise entered into or renewed on or after such date, the franchisor determined in good faith and in the normal course of business to withdraw the use of its trademark by distributors and retail outlets in the relevant geographic market area in which the marketing premises are located but to continue to sell, consign, or distribute motor fuel in such area without its trademark. Requires that: (1) the determination be made after the date the franchise was entered into or renewed and be based upon changes in relevant facts and circumstances after such date; (2) the termination or nonrenewal is not for the purpose of converting the franchise premises to the franchisor's own account; (3) within 180 days of notification of a termination or nonrenewal, in the case of leased franchise premises, a bona fide offer of at least 90 days duration to sell, transfer, or assign to the franchisee the franchisor's interest is made, or an agreement is made concerni…

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

Cosponsors (1)

1 Republican