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FL H1069
Bill
Status
5/5/2017
Primary Sponsor
Jason Brodeur
Click for details
AI Summary
HB 1069 - Florida Franchise Growth Act
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Establishes comprehensive protections for franchisees by requiring franchisors to terminate franchises only for good cause after providing 90 days' notice and 60 days to cure, with immediate termination allowed only for bankruptcy, abandonment, criminal activity, or severe safety violations.
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Requires franchisors to renew franchises unless they provide 180 days' notice, meet specified criteria including not converting to company operation, and grant non-compete covenant relief upon nonrenewal.
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Mandates franchisors repurchase inventory, supplies, equipment, goodwill, and furnishings at fair market value upon franchise termination, nonrenewal, or expiration, with civil liability for failure to repurchase within 60 days.
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Prohibits franchisors from denying surviving spouses, heirs, or estates participation in franchise ownership for 180 days after a franchisee's death and restricts unreasonable conditions on franchise sales and transfers.
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Establishes enforcement mechanisms including misdemeanor penalties for violations, civil remedies with attorney fees and damages, binding arbitration options, and authorization for state officials to sue franchisors on behalf of franchisees.
Legislative Description
Franchises
Last Action
Died in Careers and Competition Subcommittee
5/5/2017