|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 21, 2012||committed to rules|
|May 02, 2012||advanced to third reading|
|May 01, 2012||2nd report cal.|
|Apr 30, 2012||1st report cal.614|
|Mar 26, 2012||referred to consumer protection|
senate Bill S6815
Archive: Last Bill Status - In Senate Committee Rules Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6815 (ACTIVE) - Details
S6815 (ACTIVE) - Summary
Requires all rebates to be provided by the retailer to a purchaser at the time of the purchase of the good or service to which the rebate applies; authorizes the retailer to determine and disclose in advertisements the method in which the rebate shall be provided; provides for a civil penalty of one hundred dollars for each violation.
S6815 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6815 TITLE OF BILL: An act to amend the general business law, in relation to requirements for rebates provided by retailers PURPOSE: This legislation would require a rebate when offered solely by a retail establishment to be paid at the time of purchase in a manner of the choosing of the retailer. SUMMARY OF SPECIFIC PROVISIONS: Adds a new section, 391-s, to the General Business Law. It defines "rebate" "manufacture's rebate", requires a rebate offered directly by a retailer to be provided at the time of purchase in a manner of the choosing of the retailer, and provides for a civil penalty of $100 for each violation. JUSTIFICATION: Many companies apply rebates as a way of enticing customers to purchase items. While no consumer can argue with being offered a discount on a product, companies know that a consumer is significantly less likely to apply for a rebate. Further the rebate process is often cumbersome and consumers often give up, or
S6815 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6815 I N S E N A T E March 26, 2012 ___________ Introduced by Sen. GRISANTI -- 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 requirements for rebates provided by retailers 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 391-s to read as follows: S 391-S. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) "REBATE" SHALL MEAN THE RETURN TO A PURCHASER OF ANY GOOD OR SERVICE OF ANY PORTION OF THE PURCHASE PRICE THEREOF OR A SPECIFIC MONE- TARY AMOUNT; (B) "MANUFACTURER'S REBATE" SHALL MEAN A REBATE ADVERTISED OR OFFERED BY OR ON BEHALF OF OR IN COOPERATION WITH A MANUFACTURER RETURNING TO A PURCHASER OF ANY GOOD OR SERVICE ANY PORTION OF THE PURCHASE PRICE THER- EOF OR A SPECIFIC MONETARY AMOUNT. 2. ANY RETAIL ESTABLISHMENT OFFERING A REBATE AND DIRECTLY RESPONSIBLE FOR THE FULFILLMENT OF SUCH REBATE SHALL REMIT SUCH REBATE TO THE PURCHASER AT THE TIME OF RETAIL PURCHASE OF THE GOOD OR SERVICE TO WHICH THE REBATE APPLIES. 3. THE RETAIL ESTABLISHMENT SHALL DETERMINE AND DISCLOSE IN ANY ADVER- TISEMENT OF THE REBATE THE METHOD BY WHICH THE REBATE SHALL BE REMITTED TO THE PURCHASER. 4. THE PROVISIONS OF SUBDIVISIONS TWO AND THREE OF THIS SECTION SHALL NOT APPLY WHEN A REBATE IS A MANUFACTURER'S REBATE AND IS ADVERTISED OR OTHERWISE DISCLOSED CONSPICUOUSLY AS SUCH. 5. ANY PERSON, FIRM, CORPORATION OR ASSOCIATION OFFERING A REBATE WHO VIOLATES THIS SECTION SHALL BE SUBJECT TO A CIVIL PENALTY OF ONE HUNDRED DOLLARS FOR EACH SUCH VIOLATION. S 2. This act shall take effect on the first of January next succeed- ing the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05604-10-2
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