The Wisconsin Assembly has approved a bill that would lower
the price of fuel when it is paid for with cash.
Sponsored by Sen. David Zien, R-Eau
Claire, the bill would eliminate a mandatory surcharge of 3 percent that
retailers, including fuel retailers, must charge on every purchase, regardless
of the form of payment, in order to provide credit card payment methods at
charges only apply to cards from outside credit and debit companies, not to
fuel cards or other programs affiliated with a specific convenience store.
said it’s unfair for cash-paying customers of fuel and other merchandise to pay
the same as others since a portion of those prices originate from credit and
debit card transaction costs.
cash for gas, benefits gas station owners and their customers,” Zien said in a
written statement. “This bill would lower costs for gas retailers, who could
then pass on those savings to consumers.”
bill would bring Wisconsin laws in line with federal rules, which already allow
which previously passed the Senate, now heads to Gov. Jim Doyle’s desk.