Montana Repeal Retail Motor Fuel Marketing Act, I-134 (1998)
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The Montana Repeal Retail Motor Fuel Marketing Act Initiative, also known as I-134, was on the November 3, 1998 ballot in Montana as an initiated state statute, where it was approved. The measure repealed the Retail Motor Fuel Marketing Act which prevented fuel dealers from selling fuel below cost to drive out competition from smaller dealers and distributors.[1][2]
Election results
| Montana I-134 (1998) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 172,081 | 53.99% | ||
| No | 146,629 | 46.01% | ||
Election results via: Montana Secretary of State
Text of measure
The language that appeared on the ballot:[3]
| “ | This initiative would repeal the Montana Retail Motor Fuel Marketing Act. The Act was passed in 1991 to prevent fuel dealers from selling fuel below cost to drive out competition from smaller independent dealers and distributors. It prohibits selling fuel for less than the price the seller paid, plus overhead and labor costs, if the effect of the below-cost pricing is to destroy or injure competitors or competition. A gas station cannot sell fuel for less than the wholesale price it pays plus a 6% markup, unless its cost of doing business is actually less than the 6% markup. The effect of this measure on state government is difficult to predict since most state government fuel purchases are already the result of competitive bid and not affected by the current law. A "yes" vote is for repealing the Montana Retail Motor Fuel Marketing Act; a "no" vote is against repealing the Act. | ” |
See also
- Montana 1998 ballot measures
- 1998 ballot measures
- List of Montana ballot measures
- History of Initiative & Referendum in Montana
External links
Footnotes
- ↑ Montana Secretary of State, "Historical Ballot Initiatives and Referenda," accessed August 4, 2014
- ↑ Montana Secretary of State, "Archive Publications," accessed August 4, 2014
- ↑ Montana Secretary of State, "1998 Voter Information Pamphlet," accessed August 4, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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