Bill > A2980

Introduced Session

This bill prohibits retailers from imposing a surcharge on consumers for the use of a credit card. The bill clarifies that, notwithstanding this prohibition, a retail motor fuel dealer is permitted to sell similar fuels at different prices to cash and credit customers provided that neither price is below the net cost of the fuel to the retailer dealer plus all selling expenses, as provided in section 201 of P.L.1938, c.163 (C.56:6-2), including, in the case of credit card sales, the cost to the dealer of providing credit sales. Under the bill, a violation is an unlawful practice under the consumer fraud act. An unlawful practice is punishable by a monetary penalty of not more than $10,000 for a first offense and not more than $20,000 for any subsequent offense. In addition, a violation can result in cease and desist orders issued by the Attorney General, the assessment of punitive damages, and the awarding of treble damages and costs to the injured party.

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Gary Schaer (D)*, 

Introduced, Referred to Assembly Consumer Affairs Committee (on 02/16/2016)