Amends the Petroleum Marketing Practices Act to extend to contracts between refiners (franchisors) and franchised distributors of trademarked lubricating oil the protections of the Act. Permits termination or non-renewal of such franchise relationships by the franchisor in good faith and in the normal course of business if the franchisor decides to withdraw from the marketing of the lubricating oil in the relevant geographic market in which the oil is distributed, and: (1) the decision is made after the date on which the franchise is entered into or renewed, and on the basis of a change in relevant facts or circumstances relating to the franchise that occurs after such date; and (2) the termination or nonrenewal is not for the purpose of converting any accounts subject to the franchise to the franchisor's account.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S11756)
Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S11756)
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line