N.J. Bill Would Require Gas Stations to Post Cash and Credit Prices

A bill passed by a New Jersey Senate committee would require gas stations to post both cash and credit prices.

January 25, 2011

TRENTON, NJ ?" A New Jersey Senate committee passed a bill that would require gas stations to post credit and cash prices, The Star-Ledger reports.

The bill would mandate stations place signs on their premises displaying the price per gallon for both cash and credit or face a $1,500 fine for the first offense and up to $3,000 fine for the second and other offenses.

"This bill is about eliminating some of the sticker shock that people face when paying with a credit card at the pump," said Senator Shirley Turner, who sponsored the bill. "It??s unfair to hit drivers with an added cost for credit purchases when they aren??t even aware of the cost disparity until they receive the receipt."

New Jersey??s Senate Transportation Committee cleared the legislation last week. It now heads to the full Senate. If it passes, it would take effect four months after enactment.

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