The Protect Alabama Small Business Act (H134) was approved earlier this week by the House Committee on Commerce and Small Business and will likely be brought to the floor as early as next week. The committee sent the bill, which provides added security for franchisees to reinvest and grow their business, to the floor by unanimous consent. An identical version (S.129), moving through the state senate, was previously passed by the Committee on Government Affairs on a 9-1 vote. The Alabama Franchisee Association has been leading the effort to require a franchisor to repurchase a business’ inventory upon termination and provide additional protections when renewing, transferring or selling their business.