Petroleum products franchises; rights of dealers upon sale or assignment of franchise agreement. (SB714)

Introduced By

Sen. Janet Howell (D-Reston)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Petroleum products franchises; rights of leasing franchisor. Prohibits a franchisor that owns a marketing premises that it leases to a petroleum products dealer or owns a leasehold interest in premises that are occupied by a dealer from selling, transferring, or assigning the franchisors interest in the premises to another person unless the franchisor has first either (i) made a bona fide offer to sell, transfer, or assign to the dealer the franchisors interest in the premises or (ii) if applicable, offered to the dealer a right of first refusal of any bona fide offer acceptable to the franchisor made by another person or party to purchase the franchisors interest in the premises. Amends § 59.1-21.9, of the Code of Virginia. Read the Bill »


Bill Has Passed


01/17/2008Presented and ordered printed 088819248
01/17/2008Referred to Committee on Commerce and Labor
02/11/2008Reported from Commerce and Labor (9-Y 6-N) (see vote tally)
02/12/2008Read second time
02/12/2008Reading of amendments waived
02/12/2008Amendments by Senator Howell agreed to
02/12/2008Engrossed by Senate as amended SB714E
02/12/2008Printed as engrossed 088819248-E
02/12/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/12/2008Passed Senate (27-Y 13-N) (see vote tally)
02/12/2008Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/12/2008Passed Senate (26-Y 14-N) (see vote tally)
02/12/2008Communicated to House
02/14/2008Placed on Calendar
02/14/2008Read first time
02/14/2008Referred to Committee on Commerce and Labor
02/18/2008Assigned C & L sub: 1
02/28/2008Reported from Commerce and Labor with substitute (17-Y 4-N) (see vote tally)
02/29/2008Committee substitute printed 089570780-H1
03/03/2008Read second time
03/04/2008Read third time
03/04/2008Committee substitute agreed to 089570780-H1
03/04/2008Engrossed by House - committee substitute SB714H1
03/04/2008Passed House with substitute (94-Y 5-N)
03/04/2008VOTE: --- PASSAGE (94-Y 5-N)
03/05/2008House substitute agreed to by Senate (39-Y 1-N) (see vote tally)
03/08/2008Bill text as passed Senate and House (SB714ER)
03/08/2008Signed by Speaker
03/11/2008Signed by President
03/12/2008Signed by Speaker
03/12/2008Signed by President
04/11/2008G Approved by Governor-Chapter 837 (effective 7/1/08)


Ron Hare writes:

This bill insulates one class of business from competition and gives them privileges not enjoyed by any other petroleum marketer in Virginia.
If this bill passes, will the next step be to give every residential and commercial tenant in Virginia the right of first refusal to purchase properties they rent or lease?