What's happening
This bill requires gas stations to charge the same price for gasoline purchases made with their branded credit cards as they do for cash purchases.
Why it matters
Levels the playing field for consumers. by ensuring that those who use gas station-branded credit cards are not penalized with higher prices than cash customers, potentially saving frequent customers money.
Limits gas stations’ pricing strategies. by removing their ability to charge a premium for branded credit card use, which could affect how they structure loyalty programs or incentives tied to their credit cards.
Could impact consumer payment habits. by making branded gas cards more attractive or at least not disadvantageous, potentially influencing how people choose to pay for fuel.
May have broader effects on competition and transparency. in fuel pricing, as it addresses a specific practice that can make price comparisons harder for consumers and could influence how other types of credit card surcharges are viewed or regulated in the future.
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Who cares
Gas station operators
They would have to charge the cash price for gasoline bought with credit cards issued by the station, its parent company or a subsidiary.
Drivers with gas station credit cards
They would pay the same price as cash customers when buying gasoline with a qualifying card.
Gas station parent companies and subsidiaries
Gasoline purchases made with credit cards they issue would qualify for cash pricing at the station.
Marine fueling station operators
Stations that sell fuel directly into vessels’ engine-connected tanks would also be covered by the cash-price requirement for qualifying gasoline purchases.
Headline styles
Equal Gas Card Prices
Plain English, a few words. Used as the page title.
Sponsors
8 Co-sponsors
History
- Referred to consumer affairs and protection
- Referred to consumer affairs and protection
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4514
2019-2020 Regular Sessions
IN ASSEMBLY
February 4, 2019
Introduced by M. of A. WEPRIN, THIELE, GUNTHER, OTIS, RIVERA, JAFFEE, PEOPLES-STOKES, CROUCH, GALEF -- Multi-Sponsored by -- M. of A. ARROYO, COOK, MOSLEY, PERRY, SOLAGES -- read once and referred to the Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to credit cards issued by gas stations
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The general business law is amended by adding a new section 518-b to read as follows:
§ 518-b. Gas station credit cards. 1. A gas station shall charge the same rate for purchases of gasoline made by a credit card issued by such gas station, or the parent company or any subsidiary thereof as it charges for purchases made by cash.
2. For the purposes of this section, the term:
(a) "gas station" shall mean a filling station where fuel is stored primarily for sale by delivery directly into the ordinary fuel tank connected with the engine of a motor vehicle to be consumed in the operation of such motor vehicle or where such fuel is stored primarily for sale by delivery directly into the ordinary fuel tank connected with the engine of a vessel to be consumed in the operation of such vessel.
(b) "credit card" shall have the meaning ascribed to it in section five hundred eleven of this article.
§ 2. This act shall take effect on the thirtieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08232-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.