Loading chat...

AL HB395

Bill

Status

Introduced

3/5/2020

Primary Sponsor

Ginny Shaver

Click for details

Origin

House of Representatives

Regular Session 2020

AI Summary

  • Dealers of autographed collectibles, historical artifacts, and memorabilia priced at $50 or more must furnish a written express warranty of authenticity at the time of sale, with specific requirements including dealer information, item description, and basis for authenticity claim.

  • Dealers must maintain records for 7 years indicating whether items were obtained from third parties and provide contact information for those parties, which may be discoverable in civil disputes.

  • Consumers have a 3-day right to cancel purchases of items represented as authentic (except at auctions, trade shows, or through barter) and must return items within 30 days for a refund within 10 days of return.

  • Dealers, auctioneers, and trade show vendors must display conspicuous signage regarding warranty requirements and surety bond or insurance coverage; mail-order, telephone-order, and online dealers must include disclosures in advertisements and onscreen messages.

  • Civil penalties range from actual damages up to $3,000 (or three times actual damages) for gross negligence, or up to $5,000 (or five times actual damages) for knowing violations; consumers may also recover court costs, attorney's fees, and expert witness fees.

Legislative Description

Consumer protection, require vendors of autographed collectibles to provide a warranty

Consumers and Consumer Protection

Last Action

Read for the first time and referred to the House of Representatives committee on Commerce and Small Business

3/5/2020

Committee Referrals

Commerce and Small Business3/5/2020

Full Bill Text

No bill text available