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SB240

Retail franchise agreements; governing law, competition restrictions.

Status:
In House

Latest Action: Feb. 12, 2026
House: Referred to Committee on Labor and Commerce

Chief Patron:
Christopher Head (R)

Session:
2026 Regular Session

Summary

As Introduced. Retail franchise agreements; governing law; competition restrictions.

Provides that retail franchise agreements shall be governed by the laws of the Commonwealth and prohibits any person from offering or entering into a franchise agreement that includes competition restrictions that extend beyond termination or expiration of the franchise agreement unless such settlement is approved by a court of competent jurisdiction. (Less)
  • Bill History

  • 01/12/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100824D
  • 01/12/2026 - Senate: Referred to Committee on Commerce and Labor
  • 01/25/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB240)
  • 02/02/2026 - Senate: Reported from Commerce and Labor (12-Y 0-N)
  • 02/04/2026 - Senate: Rules suspended
  • 02/04/2026 - Senate: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
  • 02/04/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
  • 02/04/2026 - Senate: Passed by for the day
  • 02/05/2026 - Senate: Read second time
  • 02/05/2026 - Senate: Engrossed by Senate (Voice Vote)
  • 02/06/2026 - Senate: Read third time and passed Senate (40-Y 0-N 0-A)
  • 02/12/2026 - House: Placed on Calendar
  • 02/12/2026 - House: Read first time
  • 02/12/2026 - House: Referred to Committee on Labor and Commerce