TRENTON – The state Senate approved a bill intended to help ease gas prices by allowing retailers to offer rebates and promotions for purchasing gasoline by a 38-0 vote on Thursday, giving it final legislative approval.
“Consumers benefit daily from savings through coupons, discounts and other promotions at just about every business in New Jersey, except for gas stations,” said Assemblyman Craig Coughlin (D-Middlesex), who sponsored the bill in the Assembly. “That’s why this antiquated law needs changing. Gas is something most people have no choice but to buy, and this bill simply opens the door to more savings when New Jerseyans head to the pump. That’s a good thing by any measure.”
The bill (S-2927/A-3133) stipulates that a consumer who earns credits through purchases on a credit card, debit card or rewards card may use those credits to receive a rebate or discount when purchasing gas.
New Jersey Gasoline, C-Store, Automotive Association Executive Director Sal Risalvato applauded the state Senate’s passage of the bill. “Gasoline retailers support this legislation because they recognize the tremendous pain that is being experienced at the gas pumps…. Retailers that enjoy more robust profit margins will now be able compete for customers by offering rewards to be redeemed at local gas stations. Instead of offering a free turkey or ham with a certain amount of grocery purchases, supermarkets can now make an arrangement with ANY local gas station to have rewards redeemed at their gas pumps,” said Risalvato.
The bill now goes to the governor. It was approved 77-0 by the Assembly in June.
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