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republic-os/legislation/us/states/va/2024/hb-392.md
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Fabio 5a13be122b Legislation: batch E — CA TN VA VT WA WI WV WY 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:28:36 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers. Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers; market valuation study. Provides that a term of an initial agreement between a jobber/distributor and a dealer relating to specific marketing premises shall not be less than one year and that the term of all subsequent agreements between the jobber/distributor and the dealer relating to the same marketing premises shall not be for less than three years. The bill provides that rental provisions in any such agreement or franchise shall be based on commercially fair and reasonable standards at a fair market value of the leased marketing premises under an objectively reasonable analysis, uniformly applied to all similarly situated dealers of the same jobber/distributor in the same geographic area. If a dealer believes the terms of the agreement offered do not meet a fair market value, such dealer may hire, at his expense, an independent third-party appraisal company from a list of appraisal companies provided by the jobber/distributor to provide a market valuation study. The bill provides that such study shall (i) be for informational purposes only, (ii) not require either party to disclose confidential business information, and (iii) not bind either party. The provisions of the bill apply to Planning District 8 and to initial franchise agreements and renewals of franchise agreements entered into after July 1, 2024. This bill is identical to SB 248. us/states/va Virginia General Assembly 2024 HB 392 Virginia HB 392 (2024)
bill
enacted
Atoosa R. Reaser
4 35 7 2024-01-08 2024-04-08 openstates ocd-bill/0fcc478b-3d20-4bf1-962a-34655cf01d9b https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB392 d09cc1c8d7c8da5e67cbdd32d7e58033fb996c01fa4dee95f7ce4c202b1036e4 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia HB 392 (2024) — Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers.

Virginia Petroleum Products Franchise Act; agreements between jobber/distributors and dealers; market valuation study. Provides that a term of an initial agreement between a jobber/distributor and a dealer relating to specific marketing premises shall not be less than one year and that the term of all subsequent agreements between the jobber/distributor and the dealer relating to the same marketing premises shall not be for less than three years. The bill provides that rental provisions in any such agreement or franchise shall be based on commercially fair and reasonable standards at a fair market value of the leased marketing premises under an objectively reasonable analysis, uniformly applied to all similarly situated dealers of the same jobber/distributor in the same geographic area. If a dealer believes the terms of the agreement offered do not meet a fair market value, such dealer may hire, at his expense, an independent third-party appraisal company from a list of appraisal companies provided by the jobber/distributor to provide a market valuation study. The bill provides that such study shall (i) be for informational purposes only, (ii) not require either party to disclose confidential business information, and (iii) not bind either party. The provisions of the bill apply to Planning District 8 and to initial franchise agreements and renewals of franchise agreements entered into after July 1, 2024. This bill is identical to SB 248.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. CHAP0639 (committee substitute) — source
  2. Committee substitute printed 24107169D-H1 (committee substitute) — source
  3. HB392ER (committee substitute) — source
  4. Prefiled and ordered printed; offered 01/10/24 24104461D (committee substitute) — source

Votes

  • VOTE: Passage (56-Y 42-N) — 55–42 (pass) · lower
  • Reported from Labor and Commerce with substitute (15-Y 7-N) — 15–7 (pass) · lower
  • Passed Senate with amendment (39-Y 0-N) — 39–0 (pass) · upper
  • Constitutional reading dispensed (39-Y 0-N) — 39–0 (pass) · upper
  • Reported from Commerce and Labor with amendment (15-Y 0-N) — 15–0 (pass) · upper
  • Subcommittee recommends reporting with substitute (7-Y 1-N) — 7–1 (pass) · lower
  • VOTE: Adoption (53-Y 45-N) — 52–45 (pass) · lower

Sponsors

  • Atoosa R. Reaser — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2024-01-08 Prefiled and ordered printed; offered 01/10/24 24104461D filing, introduction
  • 2024-01-08 Referred to Committee on Labor and Commerce referral-committee
  • 2024-01-16 Assigned L & C sub: Subcommittee #2 referral-committee
  • 2024-01-18 Impact statement from DPB (HB392)
  • 2024-02-08 House subcommittee amendments and substitutes offered
  • 2024-02-08 Subcommittee recommends reporting with substitute (7-Y 1-N) substitution
  • 2024-02-08 Reported from Labor and Commerce with substitute (15-Y 7-N) committee-passage
  • 2024-02-08 Committee substitute printed 24107169D-H1 substitution
  • 2024-02-11 Read first time reading-1
  • 2024-02-12 Read second time reading-2
  • 2024-02-12 Committee substitute agreed to 24107169D-H1 substitution
  • 2024-02-12 Engrossed by House - committee substitute HB392H1 substitution
  • 2024-02-13 Read third time and passed House (56-Y 42-N) passage, reading-3
  • 2024-02-13 VOTE: Passage (56-Y 42-N) passage
  • 2024-02-14 Constitutional reading dispensed
  • 2024-02-14 Referred to Committee on Commerce and Labor referral-committee
  • 2024-02-20 Impact statement from DPB (HB392H1)
  • 2024-02-26 Reported from Commerce and Labor with amendment (15-Y 0-N) committee-passage
  • 2024-02-28 Constitutional reading dispensed (39-Y 0-N)
  • 2024-02-29 Read third time reading-3
  • 2024-02-29 Reading of amendment waived
  • 2024-02-29 Committee amendment agreed to amendment-passage
  • 2024-02-29 Engrossed by Senate as amended
  • 2024-02-29 Passed Senate with amendment (39-Y 0-N) passage
  • 2024-03-04 Senate amendment agreed to by House (53-Y 45-N) amendment-passage
  • 2024-03-04 VOTE: Adoption (53-Y 45-N)
  • 2024-03-07 Enrolled enrolled
  • 2024-03-07 Bill text as passed House and Senate (HB392ER) passage
  • 2024-03-07 Signed by Speaker passage
  • 2024-03-08 Signed by President passage
  • 2024-03-11 Enrolled Bill communicated to Governor on March 11, 2024 enrolled, executive-receipt
  • 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
  • 2024-03-12 Impact statement from DPB (HB392ER)
  • 2024-04-08 Approved by Governor-Chapter 639 (effective 7/1/24) executive-signature
  • 2024-04-08 Acts of Assembly Chapter text (CHAP0639)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/0fcc478b-3d20-4bf1-962a-34655cf01d9b. Confidence: reported (aggregated from official Virginia legislature records).

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