Amendment ASA1-AB786

LRBs0714/2

CTS:lmk:ch

2005 - 2006 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2005 ASSEMBLY BILL 786

April 27, 2006 - Offered by Representatives Kerkman, Zepnick, Davis, Hahn, Hines, Krawczyk, Kreibich, Kreuser, Lehman, Loeffelholz, Lothian, Moulton, Nelson, Pettis, Pocan, Seidel, Sheridan, Shilling, Sinicki, Toles, Turner, Van Roy and Boyle.

AB786-ASA1,1,3 An Act to amend 100.26 (4m); and to create 100.55 of the statutes; relating to: prohibiting charging grossly excessive prices for motor vehicle fuel and providing a penalty.

Analysis by the Legislative Reference Bureau

This substitute amendment prohibits charging for motor vehicle fuel a wholesale or retail price that grossly exceeds the price at which motor vehicle fuel is sold by another or that grossly exceeds the average price at which motor vehicle fuel was sold in the 12-month period immediately preceding a sale of the motor vehicle fuel. Under the substitute amendment, the attorney general investigates violations of, and enforces, the provisions of the substitute amendment.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB786-ASA1, s. 1 Section 1. 100.26 (4m) of the statutes is amended to read:

AB786-ASA1,1,6 100.26 (4m) Any person who violates s. 100.18 (10r) or 100.55 is subject to a civil forfeiture of not less than $100 nor more than $10,000 for each violation.

AB786-ASA1, s. 2 Section 2. 100.55 of the statutes is created to read:

AB786-ASA1,2,6 100.55 Grossly excessive prices for motor vehicle fuel prohibited. (1) No person may charge a wholesale or retail price for motor vehicle fuel that grossly exceeds the price at which motor vehicle fuel is sold by another or that grossly exceeds the average price at which motor vehicle fuel was sold in the 12-month period immediately preceding a sale of the motor vehicle fuel.

AB786-ASA1,2,8 (2) The attorney general shall investigate violations of, and enforce, this section.

AB786-ASA1,2,9 (End)