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Assembly Bill A7070

2025-2026 Legislative Session

Requires businesses that purchase silver, gold and platinum to display current silver, gold and platinum prices

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Current Bill Status - In Assembly Committee

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2025-A7070 (ACTIVE) - Details

Current Committee:
Assembly Consumer Affairs And Protection
Law Section:
General Business Law
Laws Affected:
Add §391-x, Gen Bus L
Versions Introduced in Other Legislative Sessions:
2011-2012: A9310
2013-2014: A3501
2015-2016: A347
2017-2018: A1781
2019-2020: A2610
2021-2022: A1568
2023-2024: A4539

2025-A7070 (ACTIVE) - Summary

Requires businesses that purchase silver, gold and platinum to display current silver, gold and platinum prices.

2025-A7070 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7070
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 20, 2025
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Consumer Affairs and Protection
 
 AN ACT to amend the general business law, in relation to requiring busi-
   nesses that purchase silver, gold  and  platinum  to  display  current
   silver, gold and platinum prices

   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-x to read as follows:
   § 391-X. SILVER, GOLD AND PLATINUM PRICES DISPLAYED. ANY BUSINESS THAT
 DEALS IN THE PURCHASE OF SILVER, GOLD AND PLATINUM FOR  THE  PURPOSE  OF
 RESALE, MELTING OR REFINING SHALL DISPLAY A SIGN WITH THE CURRENT PRICES
 LISTED  FOR  SILVER,  GOLD  AND  PLATINUM  IN A PROMINENT OR CONSPICUOUS
 LOCATION WITHIN THE BUSINESS ESTABLISHMENT.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10548-01-5

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