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Sponsors
No co-sponsors yet.
History
- Referred to consumer protection
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Prohibits method of payment pricing of gasoline
In Assembly Committee · Consumer Affairs And Protection · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7226
Title of bill
An act to amend the general business law, in relation to method of payment pricing of gasoline
Purpose
To prevent unrestrained additional charges for the use of credit and debit cards when purchasing gasoline.
Summary of provisions
This bill amends the general business law to add paragraphs 'o' and 'p' to subdivision 1 of section 399-ee of the general business law. It also adds a new subdivision 3 of the same section of the general business law.
Justification
This legislation would prohibit gasoline stations from charging a greater rate per gallon for gasoline for credit and debit card customers, as opposed to those who pay cash except that the dealer may impose a charge for the use of a credit or debit card in an amount not to exceed the greater of the transaction fee incurred by the dealer for processing the credit or debit card purchase or three percent of the cash price. Certain retailers are charging as much as two dollars per gallon for the use of a credit card. This legislation will prevent gasoline retailers from charging consumers exorbitant surcharges for using a credit or debit card when purchasing gasoline.
Legislative history
New legislation.
Fiscal implications
None to the State.
Effective date
This act shall take effect on the thirtieth day after it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.