Bill

Bill > A574


NJ A574

NJ A574
Requires that fuel stations specify taxes levied on motor fuel sales.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill requires that gas stations display the State and federal taxes levied on each unit of motor fuel for sale, on the gasoline pump apparatus. Currently, stations are required to specify taxes levied on each unit sold, but can alternatively state that the price displayed "Includes State and Federal Taxes," "Includes N.J. and U.S. Taxes," or "Includes all Taxes." This bill amends current law to remove those alternatives, and requires that the unit price be displayed on the pumping apparatus. The bill changes the law to require the display sign at a gas station to include the specific amount of each applicable tax, State and federal, respectively.

AI Summary

This bill requires gas stations to display the specific amounts of state and federal taxes levied on each unit of motor fuel for sale, rather than just stating that taxes are included in the price. The bill removes the current alternative options for stations to simply state "Includes State and Federal Taxes," "Includes N.J. and U.S. Taxes," or "Includes all Taxes," and instead mandates that the unit price on the pumping apparatus must show the precise tax amounts. The bill aims to provide more transparency for consumers about the taxes they are paying on motor fuel purchases.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/14/2020)

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