Revision: Dec. 14, 2015, midnight
\t \t\tHB 1195 - AS INTRODUCED
2016 SESSION
\t16-2039
\t05/01
HOUSE BILL\t1195
AN ACT\trelative to prepayment contracts for petroleum products.
SPONSORS:\tRep. Hunt, Ches. 11
COMMITTEE:\tCommerce and Consumer Affairs
-----------------------------------------------------------------
ANALYSIS
\tThis bill clarifies the solicitation restriction on prepaid petroleum sales contracts.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Explanation:\tMatter added to current law appears in bold italics.
\t\tMatter removed from current law appears [in brackets and struckthrough.]
\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.
\t16-2039
\t05/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT\trelative to prepayment contracts for petroleum products.
Be it Enacted by the Senate and House of Representatives in General Court convened:
\t1 Requirements for Prepaid Contracts for Petroleum. Amend the introductory paragraph of RSA 339:79, III and 339:79, III(a) to read as follows:
\t\tIII. A contract that requires prepayment by the consumer [or caps the price of heating fuel] shall comply with paragraphs I and II of this section. Such contract also:
\t\t\t(a) Shall not be advertised or solicited by the dealer in any manner to advertise, solicit, or promote the details of prepaid contracts being offered to consumers, nor shall the dealer solicit or promote pre-buy services independent of all the services offered by the dealer, earlier than May 1 or later than October 31 of the year in which the heating fuel season begins. Such contracts may be signed prior to May 1 only at the request of the [residential] consumer.
\t2 Effective Date. This act shall take effect 60 days after its passage.