2001 - 2002 LEGISLATURE
February 4, 2002 - Introduced by Representative Schneider. Referred to
Committee on Small Business and Consumer Affairs.
1An Act to create
943.29 of the statutes; relating to: fuel price gouging and
2providing a penalty.
Analysis by the Legislative Reference Bureau
This bill prohibits a retail or wholesale seller of petroleum-based fuel (such as
gasoline, diesel fuel, propane, or liquefied petroleum gas) from increasing the fuel's
price by more than the amount of any increase in the price that the person paid in
acquiring the fuel or by more than the amount of any concurrent increase in the
person's production, distribution, or operating costs. A person who violates this
prohibition may be fined not more than $10,000 or imprisoned for not more than 15
years, or both.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB770, s. 1
943.29 of the statutes is created to read:
4943.29 Fuel price gouging. (1)
In this section, "fuel" means gasoline, diesel 5
fuel, fuel oil, kerosene, propane, liquefied petroleum gas, or any other 6
petroleum-based product that is used for heating or providing power.
Any person engaged in the business of selling fuel at retail or wholesale who 2
intentionally does any of the following is guilty of a Class C felony:
(a) Increases the price of the fuel by an amount that exceeds any concurrent 4
increase in the price paid by the person to acquire the fuel.
(b) Increases the price of the fuel by an amount that exceeds any concurrent 6
increase in production, distribution, or operating costs that are incurred by the 7
person and that are related to the fuel being sold.