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AK SB54

Bill

Status

Introduced

1/21/2009

Primary Sponsor

William Wielechowski

Click for details

Origin

Senate

26th Legislature

AI Summary

  • Prohibits refiners, distributors, and retailers from selling or offering to sell motor fuel, heating fuel, and diesel fuel at unconscionable prices in Alaska.

  • Applies to motor fuel for vehicles and aircraft, fuel for space heating, and diesel fuel sold by entities meeting specific definitions.

  • Requires the attorney general to investigate suspected violations and permits civil penalties of at least 10 times the economic benefit obtained through the violation.

  • Restricts enforcement to the attorney general only, barring private civil actions for damages or injunctions by consumers or those suffering losses.

  • Allows defendants to present evidence that allegedly unconscionable prices were attributable to additional reasonable costs incurred in selling the energy resource.

Legislative Description

Price Gouging Involving Energy Resources

Consumer Affairs

Last Action

REFERRED TO FINANCE

4/14/2009

Committee Referrals

Finance4/14/2009
Energy1/21/2009

Full Bill Text

No bill text available