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MN HF2210
Bill
Status
2/25/2014
Primary Sponsor
Jay McNamar
Click for details
AI Summary
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Prohibits wholesalers and retailers from increasing propane prices by an unconscionable amount following a declared peacetime emergency or energy supply emergency related to significant propane price increases
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Defines unconscionable pricing as a price adjustment not reasonably proportional to changes in wholesale propane costs, with an exception for wholesalers or retailers who can prove emergency conditions directly caused the cost increase
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Grants the attorney general authority to investigate alleged violations consistent with existing enforcement procedures under section 8.31
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Effective date of July 1, 2014
Legislative Description
Propane price gouging prohibited.
Last Action
Introduction and first reading, referred to Energy Policy
2/25/2014