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IN HB1068

Bill

Status

Introduced

1/9/2014

Primary Sponsor

Edmond Soliday

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

HB 1068 Summary

  • 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.

  • 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).

  • Requires courts to award harmed retailers the price difference between what they paid and the lower price charged to competing retailers.

  • Authorizes the attorney general to recover a civil penalty equal to two times the price difference when pursuing injunctions against unconscionable supplier pricing practices.

  • 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

Committee Referrals

Judiciary1/9/2014

Full Bill Text

No bill text available