Requiring sellers of petroleum products for use in motor vehicles or motor boats to disclose preauthorization holds.

A Local Law to amend the administrative code of the city of New York, in relation to requiring sellers of petroleum products for use in motor vehicles or motor boats to disclose preauthorization holds

This bill would require any person who imposes a preauthorization hold on the retail sale of petroleum to post a written notice that includes information about the initiation of the hold, the amount of the hold, and the ways a consumer could avoid a hold. The written notice would be displayed where payment for petroleum is accepted.