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SPONSOR: |
Thompson |
DATE TYPED: |
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HB |
894 |
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SHORT TITLE: |
Amend Petroleum Products Fair Trade Act |
SB |
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ANALYST: |
Reynolds-Forte |
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APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
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FY03 |
FY04 |
FY03 |
FY04 |
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NFI |
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NFI |
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(Parenthesis
( ) Indicate Expenditure Decreases)
SUMMARY
Synopsis
of Bill
HB894 adds a new
section to the Petroleum Products Fair Trade Practices Act to require that
gasoline be delivered to a purchaser by the seller upon retail sale if the
purchaser has:
1.
prepaid the seller with cash for all or part
of the delivery;
2.
obtained authorization from a credit card or
debit card company to pay the seller for all or part of the delivery;
3.
placed cash, a credit card or a debit
card with the seller to assure payment for all or part of the delivery; or
4.
received
the seller’s agreement that all or part of the delivery will be sold on credit
or that payment for the gasoline will be made by some method other than cash, a
credit card or a debit card.
HB894 has a July 1,
2003 effective date.
PRF/yr