Virginia House Bill 392 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 8 2024 - 100% progression
Action: 2024-04-08 - Governor: Acts of Assembly Chapter text (CHAP0639)
Text: Latest bill text (Chaptered) [HTML]

Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers; market valuation study. Provides that a term of an initial agreement between a jobber/distributor and a dealer relating to specific marketing premises shall not be less than one year and that the term of all subsequent agreements between the jobber/distributor and the dealer relating to the same marketing premises shall not be for less than three years. The bill provides that rental provisions in any such agreement or franchise shall be based on commercially fair and reasonable standards at a fair market value of the leased marketing premises under an objectively reasonable analysis, uniformly applied to all similarly situated dealers of the same jobber/distributor in the same geographic area. If a dealer believes the terms of the agreement offered do not meet a fair market value, such dealer may hire, at his expense, an independent third-party appraisal company from a list of appraisal companies provided by the jobber/distributor to provide a market valuation study. The bill provides that such study shall (i) be for informational purposes only, (ii) not require either party to disclose confidential business information, and (iii) not bind either party. The provisions of the bill apply to Planning District 8 and to initial franchise agreements and renewals of franchise agreements entered into after July 1, 2024.

Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers.

Del. Atoosa Reaser [D]

2024-03-04 - House - House: VOTE: Adoption (53-Y 45-N) (Y: 53 N: 45 NV: 0 Abs: 2) [PASS]
2024-02-29 - Senate - Senate: Passed Senate with amendment (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-28 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-26 - Senate - Senate: Reported from Commerce and Labor with amendment (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - House - House: VOTE: Passage (56-Y 42-N) (Y: 56 N: 42 NV: 0 Abs: 2) [PASS]
2024-02-08 - House - House: Reported from Labor and Commerce with substitute (15-Y 7-N) (Y: 15 N: 7 NV: 0 Abs: 0) [PASS]
2024-02-08 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2024-04-08		Governor: Acts of Assembly Chapter text (CHAP0639)
2024-04-08		Governor: Approved by Governor-Chapter 639 (effective 7/1/24)
2024-03-11		Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
2024-03-11	House	Enrolled Bill communicated to Governor on March 11, 2024
2024-03-08	Senate	Signed by President
2024-03-07	House	Signed by Speaker
2024-03-07	House	Bill text as passed House and Senate (HB392ER)
2024-03-07	House	Enrolled
2024-03-04	House	VOTE: Adoption (53-Y 45-N)
2024-03-04	House	Senate amendment agreed to by House (53-Y 45-N)
2024-02-29	Senate	Passed Senate with amendment (39-Y 0-N)
2024-02-29	Senate	Engrossed by Senate as amended
2024-02-29	Senate	Committee amendment agreed to
2024-02-29	Senate	Reading of amendment waived
2024-02-29	Senate	Read third time
2024-02-28	Senate	Constitutional reading dispensed (39-Y 0-N)
2024-02-26	Senate	Reported from Commerce and Labor with amendment (15-Y 0-N)
2024-02-14	Senate	Referred to Committee on Commerce and Labor
2024-02-14	Senate	Constitutional reading dispensed
2024-02-13	House	VOTE: Passage (56-Y 42-N)
2024-02-13	House	Read third time and passed House (56-Y 42-N)
2024-02-12	House	Engrossed by House - committee substitute HB392H1
2024-02-12	House	Committee substitute agreed to 24107169D-H1
2024-02-12	House	Read second time
2024-02-11	House	Read first time
2024-02-08	House	Committee substitute printed 24107169D-H1
2024-02-08	House	Reported from Labor and Commerce with substitute (15-Y 7-N)
2024-02-08	House	Subcommittee recommends reporting with substitute (7-Y 1-N)
2024-01-16	House	Assigned L & C sub: Subcommittee #2
2024-01-08	House	Referred to Committee on Labor and Commerce
2024-01-08	House	Prefiled and ordered printed; offered 01/10/24 24104461D

SB248 (Similar To) 2024-04-08 - Governor: Acts of Assembly Chapter text (CHAP0668)

Chapter	Article	Section	Citation Type	Statute Text
59	1	21.11:2	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB392
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB392+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB392H1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB392ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0639+hil
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/24107169D.pdf
Amendment	https://committees.lis.virginia.gov/pdfs/24107169D.pdf
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?241+amd+HB392AS
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?241+amd+HB392ASE
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB392F122+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB392FH1122+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB392FER122+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1402V0038+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H14V0111+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV0659+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S02V0113+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0770HB0392+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0808HB0392+HB0392
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV1468+HB0392