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Legislative Watch
LEGISLATIVE

New Jersey

3/13/06-A bill in the Assembly Transportation and Public Works Committee would toughen penalties for fuel price gouging in the state.
A2523 would fine fuel station operators $1,500 for increasing the price of fuel more than once in a 24-hour period. Repeat offenders would face a $3,000 fine.
Station operators also could have their fuel license suspended for up to 30 days for a first offense and possible revocation for subsequent offenses.
Existing New Jersey law allows the state to fine gougers $50 to $200 per occurrence. The law also prohibits the price of fuel from being increased more than once in a 24-hour period.
The increased fines also would apply to stations that fail to publicly display the price of fuel or sell fuel at a different price than what is posted. Failure to display the price of fuel at each pump also would be prohibited.
In addition, stations would be forbidden from providing rebates, allowances, concessions or benefits either directly or indirectly to allow a person to obtain motor fuel below the posted price.
For bill status, call (609) 292-4840. In New Jersey, call 1-800-792-8630.
An identical Senate bill – S383 – also is in the Assembly Transportation and Public Works Committee. It previously passed the Senate.

Legislative Watch LEGISLATIVE

Legislative Watch
LEGISLATIVE