HR 2039
107th Congress
House
Commerce
Administrative procedure
Consumer education
Crime and Law Enforcement
Energy
Federal Trade Commission
Fines (Penalties)
Gasoline
Government Operations and Politics
Government paperwork
Government publicity
Independent regulatory commissions
Law
Petroleum industry
Petroleum prices
Petroleum refineries
Price discrimination
Rebates
Restrictive trade practices
Wholesale trade
Wholesale Motor Fuel Fairness and Competition Restoration Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2001
Referred to the Subcommittee on Energy and Air Quality.
May 25, 2001
Referred to the House Committee on Energy and Commerce.
May 25, 2001
Introduced in House
Plain-English summary
Wholesale Motor Fuel Fairness and Competition Restoration Act - Declares that it shall be unlawful for an owner or operator to sell motor fuel from its terminal facility to any person in excess of the price it charges any other person, including a distributor or retailer which it owns or with which it is affiliated. Exempts from such prohibition certain franchises or sales contracts entered into before October 17, 2000.
Establishes civil and criminal penalties for violations of this Act.
Instructs the Federal Trade Commission to: (1) issue regulations requiring full disclosure by refiners and distributors of their wholesale motor fuel pricing policies, with a separate listing of each component contributing to prices, including the cost of crude oil, refining, marketing, transportation, equipment, overhead, and profit, along with a description of any rebates, incentives, and market enhancement allowances; and (2) ensure that all information acquired pursuant to such regulations is disseminated to the public.
What's happening now
Referred to the Subcommittee on Energy and Air Quality.
Committees of jurisdiction
2