Bill

Bill > A4410


NJ A4410

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
09/13/2018
In Committee
09/13/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 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 4% above the purchase price for the same fuel sold to cash customers. The bill amends an existing law that regulates the display of motor fuel prices and prohibits certain practices by retail dealers, such as selling fuel below the net cost or using games of chance in connection with fuel sales. The key provision is the new subsection (i), which sets the 4% limit on the price difference between cash and credit card purchases. The bill specifies that it will take effect on the first day of the fourth month following enactment.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Consumer Affairs Committee (on 09/13/2018)

bill text


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