Report Title:
Gasoline Dealers
Description:
Prohibits gasoline prices with a fraction of a cent.
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THE SENATE |
S.B. NO. |
2573 |
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TWENTY-THIRD LEGISLATURE, 2006 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to gasoline dealers.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. For decades, published gasoline prices always contained a fraction of a cent. Years ago, when gasoline was twenty cents a gallon, this fraction of a cent made some marketing sense. Today, with gasoline prices hovering at $3 per gallon, adding a fraction of a cent to the price makes no sense.
The purpose of this Act is to prohibit the marketing of gasoline with prices containing a fraction of a cent.
SECTION 2. Chapter 486H, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§486H- Gasoline pricing. No gasoline dealer shall set the retail price of gasoline with a price containing a fraction of a cent."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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