S. 1140 — Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001 | PoliFocus

S. 1140107th Congress

Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001

A bill to amend chapter 1 of title 9, United States Code, to provide for greater fairness in the arbitration process relating to motor vehicle franchise contracts.

Subjects

Law

Summary

Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001 - Provides that whenever a motor vehicle franchise contract provides for the use of arbitration to resolve a controversy arising out of or relating to the contract, arbitration may be used to settle the controversy only if both parties consent in writing after such controversy arises. Requires the arbitrator to provide the parties with a written explanation of the factual and legal basis for the award.

Full Text

Related Legislation

H.R. 2215Department of Justice, FY2002 Authorization bill
2002-11-02Became Public Law No: 107-273.
Related

Legislative Actions

2001-06-29
Introduced in Senate
2001-06-29
Sponsor introductory remarks on measure. (CR S7195)
2001-06-29
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S7195-7196)
2001-10-18
Committee on the Judiciary. Ordered to be reported without amendment favorably.
2001-10-31
Committee on the Judiciary. Reported by Senator Leahy without amendment. Without written report.
2001-10-31
Committee on the Judiciary. Reported by Senator Leahy without amendment. Without written report.
2001-10-31
Placed on Senate Legislative Calendar under General Orders. Calendar No. 210.
2002-09-10
By Senator Leahy from Committee on the Judiciary filed written report. Report No. 107-266. Minority views filed.
2002-09-10
By Senator Leahy from Committee on the Judiciary filed written report. Report No. 107-266. Minority views filed.

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