Chapter 138
2009 -- S 0294 SUBSTITUTE A
Enacted 07/16/09
A N A C T
RELATING TO BUSINESSES AND PROFESSIONS -- HOME HEATING OIL SALES
Introduced By: Senator Maryellen Goodwin
Date
Introduced: February 12, 2009
It is enacted by the
General Assembly as follows:
SECTION 1. Title 5 of the General Laws entitled
"BUSINESSES AND PROFESSIONS"
is hereby amended by adding thereto the following
chapter:
CHAPTER
82
HOME
HEATING OIL SALES
5-82-1.
Requirements for guaranteed price plans, price protection and prepaid
contracts. – (a)
A contract for the retail sale of home heating oil that offers a guaranteed
price
plan, including a ceiling price cap plan contract and any
other similar plan, must be disclosed in a
way to clearly define the terms and conditions of the
price plan. The disclosure of terms and
conditions must be in plain language, must immediately follow
the language concerning the price
or service that could be affected and must be, if
initiated verbally, confirmed in writing no more
than fourteen (14) days from the initiation date using no
less than twelve (12) point boldface type
of uniform font. The disclosure of terms and conditions,
must include, but not be limited to, any
additional fees or costs for securing the guaranteed price, as
well as, any early termination fees.
(b) A solicitation
for the retail sale of home heating oil that offers a guaranteed price
plan, including a ceiling price cap plan and any other
similar plan, must be confirmed in writing,
no more than fourteen (14) days from the solicitation
date, and the terms and conditions of that
offer must be disclosed in plain language.
(c) A home heating
oil dealer that pays for media or print advertising of a price shall offer
said price for a period of no less than twenty-four (24)
hours, or until the next advertised price is
so publicized, whichever occurs first.
(d) No prepaid home
heating oil contract shall require any consumer commitment to
purchase home heating oil pursuant to the terms of such
contract for a period of more than twelve
(12) months.
(e) Any violation of
this chapter shall render the terms and conditions of the
aforementioned contract null and void.
SECTION 2. This act shall take effect upon passage.
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LC01387/SUB A
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