H.R.3450 - Automobile Dealers Fair Competition Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. Jackson-Lee, Sheila [D-TX-18] (Introduced 07/31/2009)|
|Committees:||House - Energy and Commerce|
|Latest Action:||09/08/2009 Referred to the Subcommittee on Commerce, Trade and Consumer Protection. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3450 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (07/31/2009)
Automobile Dealers Fair Competition Act of 2009 - Makes it unlawful for any new automobile manufacturer to unreasonably discriminate against or deny a franchise to an automobile dealer who applies for the retention of its franchise. Permits an automobile dealer to file an expedited action in a U.S. district court to restore its franchise.
Defines: (1) "new automobile manufacturer" as an automobile manufacturing company established in 2009 that is the successor to another automobile manufacturing company and acquires the assets of the predecessor company in an transaction governed by federal bankruptcy law; and (2) "automobile dealer" as any automobile dealer in the United States that, on January 1, 2009, held a franchise granted by an automobile manufacturing company that was the predecessor company to a new automobile manufacturer to sell that company's automobiles, but has not entered into an agreement with the new manufacturer to continue serving as a franchisee.