Petroleum Storage Tank Consolidation Act; requiring motor fuel with certain amount of ethanol to be labeled pursuant to federal requirements. Effective date.
Impact
If passed, SB255 would revise Section 347 of the Oklahoma Statutes, strengthening disclosure requirements for motor fuels containing more than 1% ethanol or methanol. The act aims to improve consumer protection by ensuring that motorists have access to important information about the fuel they are buying. The proposed changes are seen as part of a broader effort to promote transparency in fuel composition, which could influence consumer choices and potentially enhance environmental protections by promoting alternative fuels.
Summary
Senate Bill 255, known as the Oklahoma Petroleum Storage Tank Consolidation Act, proposes an amendment to existing regulations concerning motor fuel dispensing in Oklahoma. The bill mandates that any fuel containing a specified percentage of ethanol or methanol must be clearly labeled at the point of sale. This labeling includes not only the presence of these substances but also their percentages, thereby enhancing consumer awareness about the fuel they are purchasing. The bill aligns the state's labeling requirements with federal guidelines to ensure consistency and clarity in motor fuel labeling.
Sentiment
The sentiment surrounding SB255 appears to be largely positive among supporters who advocate for increased consumer rights and environmental consciousness. The bill has received unanimous support in the House during its voting process, indicating a strong bipartisan consensus on the need for improved labeling practices. However, some stakeholders may express concerns regarding the implications for fuel suppliers and distributors who will need to comply with new labeling regulations, potentially increasing costs or operational complexity.
Contention
While the bill enjoys broad support, discussions may highlight points of contention regarding the implementation and enforcement of these labeling requirements. Critics might argue about the costs associated with the required updates to fuel dispensing systems and whether these changes could lead to increased fuel prices for consumers. Additionally, there may be debates about the overall effectiveness of labeling in influencing consumer behavior regarding fuel choices and environmental impacts.
Carry Over
Petroleum Storage Tank Consolidation Act; requiring motor fuel with certain amount of ethanol to be labeled pursuant to federal requirements. Effective date.
Petroleum Storage Tank Consolidation Act; requiring motor fuel with certain amount of ethanol to be labeled pursuant to federal requirements. Effective date.
Petroleum Storage Tank Consolidation Act; requiring motor fuel with certain amount of ethanol be labeled pursuant to federal requirements; effective date.
Practice of pharmacy; requiring wholesale distributors to provide for return of certain outdated prescription drugs; requiring prompt full credit to purchaser. Effective date.
Income tax credit; providing credit for investments in qualified clean-burning motor vehicle fuel property; requiring registration of vehicle in this state to qualify for credit. Effective date.