Illinois General Assembly - Bill Status for HB1933

Creates the Renewable Motor Fuels Retail Infrastructure Development and Maintenance Act. Makes it a violation to sell motor fuel below cost. Provides that it is a violation of the Act to engage in motor fuel price gouging in response to the occurrence of a national disaster or State emergency, except where the sale is both an isolated and inadvertent incident. Provides that in certain instances it is not a violation of the Act to sell or advertise for sale motor fuel at a retail price that would constitute a below-cost sale. Allows concessions of up to 5% of the motor fuel sale, provided that the concessions are not given by the motor fuel retailer or an affiliate and that the cost of the concessions do not reduce the pump price and net amount paid for the motor fuel at the time of the sale. Establishes a Motor Fuel Cost and Bio-Fuels Blend Ratio Review Board. Removes, after the listed time period, the protection against predatory pricing for any retail motor fuel facility that fails to either offer motor fuels at retail with the required blend ratios or to have upgraded or installed an infrastructure at the retail motor fuel station that can safely store and dispense motor fuel containing ethanol alcohol or biodiesel in the required blend ratios. Sets out the duties and powers of the Department of Revenue, the Department of Agriculture, the Office of the State Fire Marshal, and the Attorney General. Effective 90 days after becoming law.

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