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S 2434 105th Congress Senate Law Automobile industry Automobile repair Commerce Commercial arbitration Contracts Franchises (Retail trade) Transportation and Public Works

Motor Vehicle Franchise Control Arbitration Fairness Act of 1998

Introduced: September 2, 1998 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 13, 1998
Referred to Subcommittee on Oversight and Courts.
Sep 2, 1998
Read twice and referred to the Committee on Judiciary.
Sep 2, 1998
Sponsor introductory remarks on measure. (CR S9881-9882)
Sep 2, 1998
Introduced in Senate
 Plain-English summary Congressional Research Service

Motor Vehicle Franchise Control Arbitration Fairness Act of 1998 - Provides that each party to a motor vehicle franchise contract providing for the use of arbitration to resolve a controversy arising out of or relating to the contract shall have the option, after the controversy arises and before both parties commence an arbitration proceeding, to reject arbitration as the means of settling the controversy. Requires that any such rejection be in writing.

Requires the arbitrator, whenever a party elects arbitration, to provide the parties a written explanation of the factual and legal basis for the award.

What's happening now October 13, 1998

Referred to Subcommittee on Oversight and Courts.

 Committees of jurisdiction 2