Bill

Bill > A3651


NJ A3651

Prohibits retail motor fuel dealer from charging a credit card customer in excess of four percent above the purchase price for same fuel sold to customer paying by cash.


summary

Introduced
03/16/2020
In Committee
03/16/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill provides that no retail dealer shall sell motor fuel by credit card purchase to a customer at a price which is greater than four percent above the purchase price for the same fuel sold to a customer purchasing that fuel by cash.

AI Summary

This bill prohibits retail motor fuel dealers from charging credit card customers more than four percent above the purchase price for the same fuel sold to cash-paying customers. The bill amends an existing law that regulates the display of fuel prices and prohibits certain pricing practices by retail dealers. The new provision aims to limit the difference between cash and credit card prices for motor fuel purchases.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 03/16/2020)

bill text


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