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AL SB434

Bill

Status

Introduced

4/30/2015

Primary Sponsor

Bill Holtzclaw

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Origin

Senate

Regular Session 2015

AI Summary

SB434 Summary

  • Amends Alabama Code Sections 8-22-2, 8-22-4, 8-22-8, and 8-22-10 to clarify and simplify the Motor Fuel Marketing Act regarding combined sales of motor fuel and other goods.

  • Removes the prohibition on businesses using profits from nonmotor fuel sales to subsidize below-cost motor fuel sales, eliminating one of three previously identified forms of unfair competition.

  • Permits retailers to sell motor fuel combined with other goods when the combined selling price is not below the total cost to the retailer of all motor fuel and other goods included in the transactions.

  • Allows combined sales to include both contemporaneous transactions and non-contemporaneous sales or series of sales, including where purchasers receive accrued discounts or credits on motor fuel from earlier purchases of other goods.

  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Motor Fuel Marketing Act, legislative intent relating to combined sales of motor fuel and other goods clarified, Secs. 8-22-2, 8-22-4, 8-22-8, 8-22-10 am'd.

Motor Fuel

Last Action

Indefinitely Postponed

6/3/2015

Committee Referrals

Fiscal Responsibility and Economic Development4/30/2015

Full Bill Text

No bill text available