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MS HB1173
Bill
Status
Failed
2/2/2021
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Prohibits retail food establishments from using cost-plus pricing formulas, defined as marking items at cost and adding a surcharge on top of that amount
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Violation constitutes a misdemeanor punishable by a fine up to $1,000, imprisonment up to one year in county jail, or both
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Violations also qualify as unlawful trade practices under Mississippi law (Section 75-24-5), subjecting offenders to additional remedies and penalties
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Effective date of July 1, 2021
Legislative Description
Retail food establishments; prohibit from imposing cost-plus pricing formulas.
Last Action
Died In Committee
2/2/2021
Committee Referrals
Ways and Means1/18/2021
Full Bill Text
No bill text available