7/17/08-A bill in the Assembly Consumer Affairs Committee soon could require fueling stations to clearly display both the cash and credit prices for fuel purchases. The Senate already approved it.
New Jersey now allows fuel station dealers to charge one price for credit card purchases and a lower price for cash customers, provided the discount approximates the economic value to the retailer of providing the discount to its cash customers.
Sponsored by Sen. Shirley Turner, D-Mercer, S1431 would mandate that retailers who charge different prices for cash and credit purchases to clearly indicate both on all their price signs.
Fines for violating the rule would increase by $1,000. Fines now can total as much as $3,000, per occurrence.
For bill status, call (609) 292-4840. In New Jersey, call 1-800-792-8630.