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2012 -- S 2747 | |
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LC02184 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
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RELATING TO BUSINESSES AND PROFESSIONS - PROPANE GAS SALES | |
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Introduced By: Senators P Fogarty, Kettle, Gallo, Tassoni, and Moura | |
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Date Introduced: March 08, 2012 | |
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Referred To: Senate Corporations | |
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It is enacted by the General Assembly as follows: | |
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SECTION 1. Section 5-83-1 of the General Laws in Chapter 5-83 entitled "Propane Gas |
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Sales" is hereby amended to read as follows: |
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5-83-1. Requirements for guaranteed price plans, price protection and prepaid |
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contracts. -- (a) A contract for the retail sale of propane gas that offers a guaranteed price plan, |
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including a ceiling price cap plan contract and any other similar plan, must be disclosed in a way |
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to clearly define the terms and conditions of the price plan. The disclosure of terms and |
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conditions must be in plain language, must immediately follow the language concerning the price |
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or service that could be affected and must be, if initiated verbally, confirmed in writing no more |
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than fourteen (14) days from the initiation date using no less than twelve (12) point boldface type |
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of uniform font. The disclosure of terms and conditions, must include, but not be limited to, any |
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additional fees or costs for securing the guaranteed price, as well as, any early termination fees, |
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and shall express the price in terms of the sum of any such fees divided by the number of gallons |
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delivered. |
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(b) A solicitation for the retail sale of propane gas that offers a guaranteed price plan, |
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including a ceiling price cap plan and any other similar plan, must be confirmed in writing no |
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more than fourteen (14) days from the solicitation date, and the terms and conditions of that offer |
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must be disclosed in plain language. |
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(c) A propane gas dealer that pays for media or print advertising of a price shall offer |
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said price for a period of no less than twenty-four (24) hours or until the next advertised price is |
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so publicized, whichever occurs first. |
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(d) No prepaid propane gas contract shall require any consumer commitment to purchase |
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propane gas pursuant to the terms of such contract for a period of more than twelve (12) months. |
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(e) Any violation of this section shall render the terms and conditions of the |
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aforementioned contract null and void. |
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SECTION 2. This act shall take effect upon passage. |
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LC02184 | |
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EXPLANATION | |
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BY THE LEGISLATIVE COUNCIL | |
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OF | |
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A N A C T | |
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RELATING TO BUSINESSES AND PROFESSIONS - PROPANE GAS SALES | |
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This act would provide that the price for propane gas would be expressed in terms of the |
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sum of any fees divided by the number of gallons delivered. |
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This act would take effect upon passage. |
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LC02184 | |
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