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S2358Senate2009-2010 SessionSame asA5472

Requires rebates to be provided to consumer at the time of purchase

Status
In Senate Committee
Consumer Protection
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Consumer Protection

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Who cares

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Sponsors

Primary sponsor
William T. Stachowski

Senator · Senate District 58

No co-sponsors yet.

History

  1. Referred to consumer protection
  2. Referred to consumer protection

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A5472Assembly

Requires rebates to be provided to consumer at the time of purchase

In Assembly Committee · Consumer Affairs And Protection · Sponsor William Boyland

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend the general business law, in relation to requiring rebates to be provided at the time of purchase

Purpose

Consumers often buy goods which have a rebate. Usually they have to fill out forms and mail them in to the manufacturer and then wait for a reply. This is not only an inconvenience but requires an additional outlay of time and money. Since the purpose of a rebate is to reduce the cost of the product, it should be awarded at the point of purchase.

Summary of provisions

Adds a new section, 391-q, to the General Business Law. It defines "rebate", requires the rebate to be provided at the time of purchase, and provides for a civil penalty of not less than $100 and not more than $1,000 for each violation.

Justification

Consumers should not be required to wait an indeterminate period of time to receive rebates.

Legislative history

2003-04: S.6003/A.9682 No action. 2005-06: S.2267/A.4557 No action. 2007-08: S.2716/A.4922 Referred to Consumer Protection

Fiscal implications

None.

Local fiscal implications

None.

Effective date

The first of September next succeeding the date on which it shall have become law.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.