2001 Regular Session

SENATE BILL 687

CHAPTER NUMBER: 616 File Code: Business Regulation and Occupations Crossfiled with: HOUSE BILL 736
Sponsored By:
Senators Dorman, Astle, DeGrange, Exum, Hafer, Mitchell, and Ruben
Entitled:
Business Regulation - Motor Fuel - Below Cost Sales

Synopsis:

Prohibiting a retail service station dealer from selling motor fuel below cost unless the sale is made in good faith to meet competition, made as part of a final liquidation or closing of the business of the retail service station dealer, made as part of a bona fide charitable promotion lasting no longer than 2 days, or made under the direction or order of a court or government entity; etc.

History by Legislative Date

Senate Action
2/2
First Reading Finance
2/6
Hearing 3/6 at 1:00 p.m.
3/20
Favorable with Amendments Report by Finance
3/21
Favorable with Amendments
Laid Over (Senator McCabe) Adopted
3/22
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (34-10)
4/3
Returned Passed
5/18
Signed by the Governor Chapter 616
House Action
3/24
First Reading Economic Matters
3/28
Hearing 4/4 at 1:00 p.m.
4/5
Favorable Report by Economic Matters
3/31
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (130-5)
Sponsored by:
Senator Arthur Dorman, District 21
Senator John C. Astle, District 30
Senator James E. DeGrange, Sr., District 32
Senator Nathaniel Exum, District 24
Senator John J. Hafer, District 1
Senator Clarence M. Mitchell, IV, District 44
Senator Ida G. Ruben, District 20
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMPTROLLER
DEALERS -see also- MOTOR VEHICLE DEALERS AND SALESMEN
FUEL -see also- COAL
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
PENALTIES
PRICES -see also- CONSUMER PRICE INDEX
SERVICE STATIONS
UNFAIR TRADE PRACTICES
Bill affects the following Statutes:
Business Regulation
( 10-301 , 10-304.1 , 10-316 )
Commercial Law
( 11-402 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 757979/1 (PDF)     Offered on: March 22, 2001   at: 10:51 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 26, 2001: Third Reading Passed (34-10)
House
April 2, 2001: Third Reading Passed (130-5)