St. Paul, MN - Today, the Minnesota House passed Senate File 2744, the state’s Commerce budget, sending the budget to Governor Walz for his anticipated signature. The legislation invests $10 million to strengthen protections for Minnesotans, and includes Rep. Wolgamott’s (DFL - St. Cloud) legislation to repeal the state’s mandatory 8-cent per-gallon markup on gasoline.
Rep. Wolgamott voted in favor of the bill, which passed on a vote of 69-59.
“Minnesota’s consumer laws should protect consumers, not harm them,” said Rep. Wolgamott. “By repealing Minnesota’s minimum markup law, we’re helping to facilitate lower gas prices while still maintaining protections against predatory pricing that harms competition.”
The proposal was carried in the Senate by Republican Senator Jordan Rasmusson. Since 2001, Minnesota law has required that gasoline be sold with a minimum 8-cent per-gallon markup on the wholesale cost. The majority of US states do not have minimum markup laws for gasoline.
Video of today’s debate on the bill can be found on the House Public Information YouTube channel.
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