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To provide a private right of action for persons harmed by violations of the Franchise Rule of the Federal Trade Commission, and for other purposes.
12/30/2022, 4:19 AM
Summary of Bill HR 6551
Bill 117 HR 6551, also known as the Franchise Rule Private Right of Action Act, aims to give individuals who have been harmed by violations of the Franchise Rule of the Federal Trade Commission the ability to take legal action. The Franchise Rule is a regulation that requires franchisors to provide potential franchisees with important information about the franchise opportunity, including financial disclosures and other key details.
This bill would allow individuals who believe they have been harmed by a franchisor's violation of the Franchise Rule to file a lawsuit in federal court. The bill also specifies that the court may award damages, attorney's fees, and other relief to the plaintiff if they are successful in their case.
The purpose of this bill is to provide individuals with a means to seek justice and compensation if they have been misled or harmed by a franchisor's failure to comply with the Franchise Rule. By giving individuals a private right of action, this bill aims to hold franchisors accountable for their actions and protect potential franchisees from deceptive practices. Overall, Bill 117 HR 6551 seeks to empower individuals who have been harmed by violations of the Franchise Rule and ensure that franchisors are held accountable for their actions.
This bill would allow individuals who believe they have been harmed by a franchisor's violation of the Franchise Rule to file a lawsuit in federal court. The bill also specifies that the court may award damages, attorney's fees, and other relief to the plaintiff if they are successful in their case.
The purpose of this bill is to provide individuals with a means to seek justice and compensation if they have been misled or harmed by a franchisor's failure to comply with the Franchise Rule. By giving individuals a private right of action, this bill aims to hold franchisors accountable for their actions and protect potential franchisees from deceptive practices. Overall, Bill 117 HR 6551 seeks to empower individuals who have been harmed by violations of the Franchise Rule and ensure that franchisors are held accountable for their actions.
Congressional Summary of HR 6551
This bill creates a private right of action for individuals harmed by violations of the Federal Trade Commission's Franchise Rule. The rule requires franchisors to disclose certain relevant information to prospective franchisees.
Read the Full Bill
Current Status of Bill HR 6551
Bill HR 6551 is currently in the status of Bill Introduced since February 1, 2022. Bill HR 6551 was introduced during Congress 117 and was introduced to the House on February 1, 2022. Bill HR 6551's most recent activity was Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. as of November 1, 2022
Bipartisan Support of Bill HR 6551
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6551
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 6551
To provide a private right of action for persons harmed by violations of the Franchise Rule of the Federal Trade Commission, and for other purposes.
To provide a private right of action for persons harmed by violations of the Franchise Rule of the Federal Trade Commission, and for other purposes.
Comments
Sponsors and Cosponsors of HR 6551
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