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NJ S1765

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Paul Moriarty

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires businesses to disclose the usual and customary single-item price when advertising "Buy One, Get One Free," "Two-For-One," or similar promotional offers where merchandise is offered at reduced or no cost contingent on purchasing other items

  • Aims to prevent businesses from artificially inflating sale prices on merchandise offered as part of bargain promotions

  • Violations constitute an unlawful practice under New Jersey's Consumer Fraud Act (C.56:8-1 et seq.)

  • Penalties include up to $10,000 for a first offense and up to $20,000 for subsequent offenses, plus potential cease and desist orders, punitive damages, and treble damages with costs awarded to injured parties

  • Takes effect immediately upon enactment

Legislative Description

Requires disclosure of usual and customary price for merchandise offered in certain advertisements.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

1/9/2024

Committee Referrals

Commerce1/9/2024

Full Bill Text

No bill text available