2005 Senate Bill 494

Impose “emergency” price controls on gasoline

Introduced in the Senate

May 11, 2005

Introduced by Sen. Ray Basham (D-8)

To prohibit selling gasoline during an emergency declared by the governor at a price greater than the average price in the seven days before the declaration of the emergency, notwithstanding actual supply and demand factors, except that increased replacement costs, taxes, or transportation costs could be factored into the sale price. "Emergency period" would also be defined to include the 24-hour period preceding the declaration of a state of emergency.

Referred to the Committee on Government Operations and Reform