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HR 2882 105th Congress House Commerce Commercial arbitration Contracts Law

Fairness and Voluntary Arbitration Act of 1998

Introduced: November 7, 1997 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 18, 1997
Referred to the Subcommittee on Commercial and Administrative Law.
Nov 7, 1997
Referred to the House Committee on the Judiciary.
Nov 7, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Fairness and Voluntary Arbitration Act of 1998 - Requires each party to a sales and service contract that provides for the use of arbitration in resolving controversies to have the option to reject arbitration as the means of settling a controversy.

Requires the arbitrator, whenever arbitration is elected to settle a dispute under such a contract, to provide the parties with a written explanation of the factual and legal basis for the award.

What's happening now November 18, 1997

Referred to the Subcommittee on Commercial and Administrative Law.

 Committees of jurisdiction 2