Do you support this bill?

Senate Bill S6737

2011-2012 Legislative Session

Limits the discount for purchases made by cash, check or similar means to five percent of the sales price

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Consumer Protection Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2011-S6737 (ACTIVE) - Details

Current Committee:
Senate Consumer Protection
Law Section:
General Business Law
Laws Affected:
Amd ยง518, Gen Bus L

2011-S6737 (ACTIVE) - Summary

Limits the discount for purchases made by cash, check or similar means to five percent of the sales price.

2011-S6737 (ACTIVE) - Sponsor Memo

2011-S6737 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6737

                            I N  S E N A T E

                             March 15, 2012
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Consumer Protection

AN ACT to amend the general business law, in relation to limitations  on
  discounts for sales transactions made by cash

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The opening paragraph of section 518 of the  general  busi-
ness  law,  as  added  by chapter 160 of the laws of 1984, is amended to
read as follows:
  No seller in any sales transaction may impose a surcharge on a  holder
who  elects  to  use a credit card in lieu of payment by cash, check, or
similar means.  A DISCOUNT FOR PAYMENT BY CASH, CHECK OR  SIMILAR  MEANS
MAY  BE  OFFERED,  PROVIDED  THAT  SUCH  DISCOUNT  SHALL NOT EXCEED FIVE
PERCENT OF THE SALES PRICE OFFERED A CREDIT CARD USER.
  S 2. This act shall take effect on the thirtieth day  after  it  shall
have become a law.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15067-02-2

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.