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LEGISLATIVE

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Connecticut

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11/7/05-Gov. M. Jodi Rell has signed a bill into law toughening the state’s price-gouging law for motor fuels and other energy products.
The new rule expands existing state law in three main areas.
Part of a larger energy bill, the gouging measure doubles the penalties for price gouging to $10,000, per occurrence. It also extends the prohibition on gouging to include natural gas and electricity.
Connecticut law previously prohibited gouging on goods and services, such as gasoline and diesel.
In addition, the new law, previously SB2100, expands the price-gouging law to take effect during anticipated or perceived market threats, such as hurricanes.
Previously, state law only applied during periods of abnormal market disruptions, not in anticipation of them.
Senate President Pro Tempore Donald E. Williams Jr., D-Brooklyn, said the new rule is more broadly designed to allow officials to evaluate the entire energy market chain, from retailers to wholesalers on up to oil companies.

10/27/05-The General Assembly on Tuesday, Oct. 25, forwarded a bill to Gov. M. Jodi Rell that would toughen the state’s price-gouging law for motor fuels and other energy products.
Part of a larger energy bill, it would double the penalties for price gouging to $10,000, per occurrence. It also would extend the prohibition on gouging to include natural gas and electricity.
Current Connecticut law prohibits gouging on goods and services, such as gasoline and diesel.
In addition, SB2100 would expand the current price-gouging law to take effect during anticipated or perceived market threats, such as hurricanes.
Currently, state law only applies during periods of abnormal market disruptions, not in anticipation of them.
For bill status, call (860) 240-0555.

 

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