An Act to create 98.09 of the statutes; Relating to: displaying gas taxes on gas pumps. (FE)
Impact
Once enacted, AB689 will have implications for fuel pump operations in Wisconsin, as it requires compliance from inspectors who validate gas pumps. The statute will create an obligation to not only affix the stickers but also to update them whenever there are changes in the tax rates. This could facilitate greater awareness among consumers regarding the cost breakdown of fuel, potentially influencing consumer decisions and behaviors.
Summary
Assembly Bill 689 establishes a requirement for state or municipal inspectors to display federal and state gas tax rates on gas pumps through a specific sticker. This new regulation aims to enhance transparency and provide consumers with clear information regarding the taxes associated with fuel purchases at retail stations. The stickers will detail both the federal and state tax rates applicable per gallon of gasoline and diesel fuel. The bill mandates the Department of Agriculture, Trade and Consumer Protection to design, produce, and distribute these stickers.
Contention
Key points of contention surrounding AB689 may arise with regard to its impact on fuel retailers. Some stakeholders may raise concerns about the logistics and costs associated with the implementation of this law, as businesses may need to ensure that their equipment and signage remain updated in compliance with state mandates. Additionally, there could be discussions about the effectiveness of such transparency measures in truly impacting consumer understanding versus merely serving as a regulatory burden.
Effective_date
The provisions of AB689 are set to take effect on July 1, 2026, allowing for a transition period during which the necessary stickers can be developed and distributed.
Requires applications for retail gas station building permits to include one electric vehicle charging station using direct current fast chargers at such gasoline station per four gas dispensing pumps.
Requires applications for retail gas station building permits to include one electric vehicle charging station using direct current fast chargers at such gasoline station per four gas dispensing pumps.