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Wholesale Motor Fuel Fairness and Competition Restoration Act

Introduced: October 17, 2000 Introduced by: Thompson, Mike Democratic · California See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 25, 2000
Referred to the Subcommittee on Energy and Power.
Oct 17, 2000
Referred to the House Committee on Commerce.
Oct 17, 2000
Sponsor introductory remarks on measure. (CR E1803)
Oct 17, 2000
Introduced in House
 Plain-English summary Congressional Research Service
Wholesale Motor Fuel Fairness and Competition Restoration Act - Prohibits a terminal facility owner or operator from selling motor fuel from such facility to a distributor or retailer in excess of the price it charges any other distributor or retailer, including distributor or retailer affiliates.

Sets forth civil and criminal penalties for violations of such prohibition.

Directs the Federal Trade Commission to: (1) promulgate regulations requiring full disclosure by refiners and distributors of their wholesale motor fuel pricing policies, including rebates, incentives, and market enhancement allowances; (2) ensure that all such information is made available to the public; and (3) report to Congress the results of a study whether ownership or operation by a refiner of a facility for the retail sale of motor fuel has anticompetitive effects on the price of motor fuel.

What's happening now October 25, 2000

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 2