1.1 	A bill for an act
1.2 	relating to consumer protection; regulating retail gasoline sales; requiring 
1.3 	whole-cent pricing; amending Minnesota Statutes 2004, section 325D.71.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2004, section 325D.71, is amended to read:
1.6 	325D.71 UNLAWFUL GASOLINE SALES.
1.7 		Subdivision 1.Sales below cost prohibited; exception. Any offer for sale of 
1.8 	gasoline by a retailer by way of posted price or indicating meter that is below cost, as 
1.9 	defined by section  325D.01, subdivision 5, clause (3), is a violation of section  325D.04, 
1.10 	except that the criminal penalties in section  325D.071 do not apply. In addition to the 
1.11 	penalties for violations and the remedies provided for injured parties set forth elsewhere in 
1.12 	this chapter, the commissioner of commerce may use the authority under section  45.027
1.13 	for the purpose of preventing violations of this section. A retailer who sells gasoline at 
1.14 	the same or higher legally posted price of a competitor in the same market area, on the 
1.15 	same day, is not in violation of this section. 
1.16 	A retailer who offers gasoline for sale at a price below cost as part of a promotion 
1.17 	at an individual location for no more than three days in any calendar quarter is not in 
1.18 	violation of this section.
1.19 		Subd. 2.Fractional pricing prohibited. No retailer may sell or offer for sale 
1.20 	gasoline except at a whole-cent price per unit.