3.0.0 1253 2023-01-11T13:18:37Z 2023-01-11T13:18:37Z Senate S S 2009-06-11 111 ssju00 Judiciary Committee Senate Standing Referred to 2009-06-11T22:16:55Z 2009-06-11 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S6560) IntroReferral 2009-06-11 Introduced in Senate IntroReferral 10000 9 Library of Congress C001071 Sen. Corker, Bob [R-TN] Bob Corker R TN N N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2009-06-11 True S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2009-06-11 True S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2009-06-11 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2009-06-11 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2009-06-11 True M000355 Sen. McConnell, Mitch [R-KY] Mitch McConnell R KY 2009-06-15 False G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2009-06-15 False N000180 Sen. Nelson, Ben [D-NE] E. Nelson D NE Benjamin 2009-06-18 False U000038 Sen. Udall, Mark [D-CO] MARK UDALL D CO 2009-06-18 False B000953 Sen. Brownback, Sam [R-KS] SAM BROWNBACK R KS 2009-06-24 False C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2009-07-06 False M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2009-07-06 False B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2009-07-14 False L000035 Sen. Lincoln, Blanche L. [D-AR] BLANCHE LINCOLN D AR LAMBERT 2009-07-14 False Finance and Financial Sector Bankruptcy Contracts and agency Government lending and loan guarantees Manufacturing Motor vehicles Retail and wholesale trades Finance and Financial Sector 00 2009-06-11 Introduced in Senate 2009-09-16T21:03:50Z Automobile Dealers Assistance Act of 2009 - Conditions the provision of federal funds to automobile manufacturers or distributors in connection with a bankruptcy proceeding on their use of such funds to fully reimburse their dealers for certain costs the dealers incurred over the nine months preceding the commencement of such bankruptcy.

Counts as reimbursable costs over that period: (1) the costs of acquiring all parts and inventory in the dealer's possession on the same basis as if the dealer were terminating pursuant to an existing franchise or dealer agreement; and (2) all other obligations owed by the automobile manufacturer or its distributor pursuant to an agreement with the dealer.

Requires such dealer reimbursement terms to be included in the wording of agreements between such manufacturers or their distributors and the federal government, and in the terms of credit agreements approved by bankruptcy courts.

Prohibits the rejection of franchise or dealer agreements by automobile manufacturers or their distributors that are debtors in a bankruptcy proceeding from becoming effective until at least 180 days after approval by a bankruptcy court.

]]> Automobile Dealers Assistance Act of 2009 Display Title Automobile Dealers Assistance Act of 2009 Official Title as Introduced A bill to address reimbursement of certain costs to automobile dealers. Introduced in Senate IS Short Titles as Introduced Automobile Dealers Assistance Act of 2009 Introduced in Senate 2009-06-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1253is/xml/BILLS-111s1253is.xml 2009-06-11 Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S6560) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.