New York State Assembly

Bill No.:  

 
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A05472 Summary:

BILL NO	A05472
SAME AS	SAME AS S02358
SPONSOR	Boyland
COSPNSR
MLTSPNSR
Add S391-q, Gen Bus L
Requires all rebates to be provided to a purchaser at the time of the purchase of the good or service to which the rebate applies; provides for a civil penalty of not less than one hundred dollars and not more than one thousand dollars for each violation.

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A05472 Actions:

BILL NO	A05472
02/13/2009	referred to consumer affairs and protection
01/06/2010	referred to consumer affairs and protection

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A05472 Floor Votes:

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A05472 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5472
 
                               2009-2010 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 13, 2009
                                       ___________
 
        Introduced  by M. of A. BOYLAND -- 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
          rebates to be provided at the time of purchase
 
          The  People of the State of New York, represented in Senate and Assem-

        bly, do enact as follows:
 
     1    Section 1. The general business law is amended by adding a new section
     2  391-q to read as follows:
     3    § 391-q. Rebates. 1. For the purposes of this section, "rebate"  shall
     4  mean  the return to a purchaser of any good or service of any portion of
     5  the purchase price thereof or a specific monetary amount.
     6    2. Every rebate shall be provided to a purchaser at the time and place
     7  of retail purchase of the good or service to which the rebate applies.
     8    3. Any person, firm, corporation or association offering a rebate  who
     9  violates  this  section  shall be subject to a civil penalty of not less
    10  than one hundred dollars nor more than one  thousand  dollars  for  each
    11  such violation.

    12    §  2.  This  act  shall  take  effect  on  the first of September next
    13  succeeding 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.
                                                                   LBD07881-01-9

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