S. 1381 · 110th Congress
A bill to require the Federal Trade Commission to monitor and investigate gasoline prices under certain…
Full title
A bill to require the Federal Trade Commission to monitor and investigate gasoline prices under certain circumstances.
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BoxerSponsorNo cosponsors.
Requires the Federal Trade Commission (FTC) to investigate the retail price of gasoline in a state in which the average price of regular grade gasoline has increased 20 percent or more for at least seven days during any three-month period in order to determine if the price is being artificially manipulated by reducing refinery capacity or by any other form…
What it does: CRS summary · Introduced in Senate · May 14, 2007
Requires the Federal Trade Commission (FTC) to investigate the retail price of gasoline in a state in which the average price of regular grade gasoline has increased 20 percent or more for at least seven days during any three-month period in order to determine if the price is being artificially manipulated by reducing refinery capacity or by any other form of manipulation.
Requires the FTC to: (1) report to Congress within 30 days after initiating an investigation; and (2) present investigation results, within 14 days after reporting to Congress, at a public hearing in the state in which the retail price of gasoline was investigated.
Requires the FTC, in cooperation with the Attorney General of the relevant state, to take appropriate action if it determines that the increase in gasoline prices in a state is a result of market manipulation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to require the Federal Trade Commission to monitor and investigate gasoline prices under certain circumstances.
Latest action (May 14, 2007): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Energy · Origin: Senate · Introduced: May 14, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.