Gas stations prepare for cash discount bill - Hartford Courant(Need Cash Pay Bills)
I’ve got to really make sure we roll it out correctly,” said Fox, adding how his association is also working with stations on new security procedures to handle the additional cash. Rell supports the concept, but hasn’t said whether she’ll sign the bill, which includes other provisions such as the cancellation of a July 1 increase in one state gas tax. Attorney General Richard Blumenthal was optimistic that many of Connecticut’s approximate 1,000 gasoline retailers will quickly begin dropping prices for people who pay with cash. The bill passed by lawmakers overrides any provisions in franchise agreements between gas station owners and the oil companies that may prevent retailers from offering discounts for cash purchases. His trade association, which represents oil companies and refiners, hadn’t taken a position on the cash discount bill. But Blumenthal stressed that it’s unclear how successful the cash discount concept will be in reducing fuel prices. Learn more
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