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IN HB1068
Bill
Status
1/9/2014
Primary Sponsor
Edmond Soliday
Click for details
AI Summary
HB 1068 Summary
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Defines supplier refusal to sell food or beverage products to a retailer with prior business history at the same price offered to other retailers as an unconscionable act treated as a deceptive act under consumer law.
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Establishes exceptions allowing suppliers to charge higher prices based on lower quantity purchases, greater delivery costs, or changing market conditions (perishable deterioration, seasonal obsolescence, distress sales).
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Requires courts to award harmed retailers the price difference between what they paid and the lower price charged to competing retailers.
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Authorizes the attorney general to recover a civil penalty equal to two times the price difference when pursuing injunctions against unconscionable supplier pricing practices.
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Effective July 1, 2014; does not apply to franchisor-franchisee contracts or alcoholic beverage sales.
Legislative Description
Prices charged to retailers by suppliers.
Last Action
Representative Steuerwald added as coauthor.
1/28/2014