Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to consumer protection |
Oct 25, 2021 |
referred to rules |
Senate Bill S7465
2021-2022 Legislative Session
Sponsored By
(D) 14th Senate District
Archive: Last Bill Status - In Senate Committee Consumer Protection Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2021-S7465 (ACTIVE) - Details
- Current Committee:
- Senate Consumer Protection
- Law Section:
- General Business Law
- Laws Affected:
- Add §390-d, Gen Bus L
2021-S7465 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7465 SPONSOR: COMRIE TITLE OF BILL: An act to amend the general business law, in relation to prohibiting supply chain surcharges on consumer goods or services SUMMARY OF PROVISIONS OF BILL: Section 1: Amends the GBL to prohibit "Supply Chain Surcharges" in consumer transactions, defines term, adds transparency, provides deter- rent. Section 2: Sets the effective date as immediate. JUSTIFICATION: Capitalism may often be unimaginative but it is not without creativity when it comes to maximizing profit at the expense of consumers. So-called "supply chain surcharges" are popping up on the receipts of unknowing customers adding fees as high as 5% on top of their bills for
2021-S7465 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7465 2021-2022 Regular Sessions I N S E N A T E October 25, 2021 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the general business law, in relation to prohibiting supply chain surcharges on consumer goods or services THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general business law is amended by adding a new section 390-d to read as follows: § 390-D. SUPPLY CHAIN SURCHARGE PROHIBITED. 1. FOR THE PURPOSES OF THIS SECTION THE TERM "SUPPLY CHAIN SURCHARGE" SHALL MEAN A FEE IMPOSED ON A GOOD OR SERVICE DUE TO THE LACK OF RAW MATERIALS IN THE SUPPLY CHAIN OR DUE TO ANY OTHER SUPPLY CHAIN ISSUE. 2. NO SELLER IN ANY SALES TRANSACTION SHALL IMPOSE A SUPPLY CHAIN SURCHARGE ON A CONSUMER. THE DISPLAY PRICE FOR ANY GOOD OR SERVICE SHALL INCLUDE ALL COSTS ASSOCIATED WITH SUCH GOOD OR SERVICE INCLUDING BUT NOT LIMITED TO TAXES AND FEES. 3. ANY SELLER WHO VIOLATES THE PROVISIONS OF THIS SECTION SHALL BE GUILTY OF A MISDEMEANOR PUNISHABLE BY A FINE NOT TO EXCEED FIVE HUNDRED DOLLARS FOR EACH OFFENSE. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13447-01-1
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