Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001

Hozzl · 2023-01-16T16:47:44Z

Explore the details of Senate Bill 1140 Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Law. Stay informed on legislative developments.

1/16/2023, 4:47 PM

Congressional Summary of S 1140

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.

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Current Status of Bill S 1140

Bill S 1140 is currently in the status of Bill Introduced since June 29, 2001. Bill S 1140 was introduced during Congress 107 and was introduced to the Senate on June 29, 2001. Bill S 1140's most recent activity was By Senator Leahy from Committee on the Judiciary filed written report. Report No. 107-266. Minority views filed. as of September 10, 2002

Bipartisan Support of Bill S 1140

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1140

Primary Policy Focus

Law

Potential Impact Areas

Automobile industryAutomobile repairCommerceCommercial arbitrationContractsFranchises (Retail trade)Government Operations and PoliticsGovernment paperworkTransportation and Public Works

Alternate Title(s) of Bill S 1140

Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001A 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.Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001Motor Vehicle Franchise Contract Arbitration Fairness Act of 2001

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