Contact: Adam Joseph
March 21, 2012
HARTFORD —The Democratic Leaders of the General Assembly announced today their plans to take swift action to help provide relief at the pump and protect consumers from profiteering and price gouging by big oil wholesalers. Legislative Leaders will give the proposal an emergency certification designation.
“We have ordered our legislative staff to immediately begin drafting language for a bill that will cap the gross receipt tax and protect consumers for profiteering by large oil companies,” said Senate President Donald E. Williams (D-Brooklyn). “The price of gasoline continues to rise and families need us to take immediate action. We expect a vote on our proposal to occur as early as next week.”
“If, as predicted, gas prices continue to rise, we need to take some pressure off drivers as soon as possible,” said House Speaker Christopher G. Donovan (D-Meriden). “By taking immediate action, we send a clear message: help is here for consumers and we’re not going to tolerate gouging by the big oil companies.”
“The potential of five dollar a gallon gasoline prices this summer threatens family budgets and consumer confidence,” said Senate Majority Leader Martin M. Looney (D-New Haven). “Now is the time to act to cap the gross receipts tax and ensure that large oil wholesalers don’t take advantage of rising prices to unfairly gouge consumers.”
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