H.R.3195: Small Business Administration Franchise Loan Transparency Act of 2015

About This Bill

Bill Version

Bill Summary

Small Business Administration Franchise Loan Transparency Act of 2015 This bill requires a franchisor, except one with a franchise in the lodging industry, to disclose in the required Federal Trade Commission disclosure document: the average first-year revenue of each specific location of the franchise for each of the preceding five years of operation; the number of franchise locations that went out of business or were sold by the franchisee...

(Source: Library of Congress)

Bill Actions

Date Description
July 24, 2015
Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
July 23, 2015
Referred to the House Committee on Energy and Commerce.
July 23, 2015

Introduced in the House by Keith Ellison (D-Minn.)

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