H.R.811 - To prohibit certain transfers or assignments of franchises, and to prohibit certain fixing or maintaining of motor fuel prices, under the Petroleum Marketing Practices Act.106th Congress (1999-2000)
|Sponsor:||Rep. Wynn, Albert Russell [D-MD-4] (Introduced 02/23/1999)|
|Committees:||House - Commerce|
|Latest Action:||03/03/1999 Referred to the Subcommittee on Energy and Power. (All Actions)|
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Summary: H.R.811 — 106th Congress (1999-2000)All Bill Information (Except Text)
Introduced in House (02/23/1999)
Amends the Petroleum Marketing Practices Act to prohibit the transfer or assignment of leased marketing premises during the franchise term unless the franchisor has first: (1) made a bona fide offer to the franchisee at least 45 days before the proposed transfer or assignment; or (2) offered the right of first refusal (of at least 45 days' duration) to the franchisee regarding an offer made by another to acquire the franchisor's interest in the premises.
Declares that it shall be a violation of the Act for a refiner or distributor to fix or maintain motor fuel retail prices at a retail outlet supplied by that refiner or distributor, unless such outlet is also operated by the refiner or distributor.