By Jakob Thorington | Arizona Capitol Times
Key Points:
- Rep. Stacey Travers introduces measure to regulate franchise agreements
- Bill aims to protect small-business owners from unfair contract terminations
- Travers says stronger franchise laws are needed amid rising bankruptcies
A returning bill from 2023 aims to establish regulations to protect small-business owners operating large chain restaurants and businesses as franchisees, but the bill sponsor expects heavy opposition.
Rep. Stacey Travers, D-Phoenix, has introduced a measure for the upcoming legislative session that would establish regulations for the franchisors and franchisees who pay royalties to operate a franchise restaurant or business such as McDonald’s, Subway, Burger King and other companies.
“It’s important that small-business owners know that there’s somebody out there fighting for them against private equity,” Travers said.
House Bill 2038 is a returning measure from 2023, when Travers sponsored an identical bill, HB2404.
