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AL SB315

Bill

Status

Introduced

2/14/2012

Primary Sponsor

Gerald Dial

Click for details

Origin

Senate

Regular Session 2012

AI Summary

  • Repeals Section 8-22-10 of the Code of Alabama 1975, which prohibited rebates or discounts on motor fuel that would reduce the selling price below the wholesaler's or retailer's cost.

  • Allows motor fuel sellers to offer rebates and discounts without restriction on pricing relative to acquisition costs.

  • Becomes effective on the first day of the third month following passage and approval by the Governor, or upon becoming law through other means.

Legislative Description

Motor fuel, rebates or discounts which make selling price below cost to wholesaler or retailer, prohibition repealed, Sec. 8-22-10 repealed

Oil and Gas

Last Action

Indefinitely Postponed

5/9/2012

Committee Referrals

Commerce, Transportation, and Utilities2/14/2012

Full Bill Text

No bill text available