Provides restrictions for any company, corporation, association, partnership, limited liability company, individual, business or location that was issued a violation, summons, or complaint for price gouging associated with the novel coronavirus, COVID-19 emergency.
STATE OF NEW YORK
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8232
IN SENATE
April 27, 2020
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Introduced by Sen. BROOKS -- 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 price gouging
associated with the novel coronavirus, COVID-19 emergency
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 396-r of the general business law is amended by
2 adding a new subdivision 5 to read as follows:
3 5. When a court has determined that a violation has occurred for
4 price gouging associated with the novel coronavirus, COVID-19 emergency,
5 any company, corporation, association, partnership, limited liability
6 company, individual, business or location shall be subject to the
7 following restrictions:
8 (a) shall not qualify for any economic relief or support programs
9 associated with economic relief provided by or to the state of New York
10 as a result of the novel coronavirus, COVID-19;
11 (b) shall not apply for any contracts with the state for a period of
12 five years;
13 (c) shall, effective March thirty-first, two thousand twenty, have any
14 state or local program and benefits rescinded in which it is currently
15 participating and receiving a reduction in property taxes, sales tax
16 relief or a payment in lieu of taxes; and
17 (d) shall not participate in any industrial development agency
18 programs for a five-year period.
19 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16079-02-0
