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NY S06815

Bill

Official Source

Status

Introduced

3/26/2012

Primary Sponsor

Mark Grisanti

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Requires retail establishments offering rebates and directly responsible for fulfillment to remit rebates to purchasers at the time of purchase, rather than through mail-in or delayed processes
  • Mandates retailers determine and disclose in advertisements the method by which rebates will be provided to customers
  • Exempts manufacturer's rebates that are conspicuously advertised or disclosed as such from the point-of-sale requirement
  • Establishes civil penalty of $100 for each violation of rebate requirements
  • Takes effect on January 1 following enactment into law

Legislative Description

Requires all rebates to be provided by the retailer to a purchaser at the time of the purchase of the good or service to which the rebate applies; authorizes the retailer to determine and disclose in advertisements the method in which the rebate shall be provided; provides for a civil penalty of one hundred dollars for each violation.

Last Action

COMMITTED TO RULES

6/21/2012

Committee Referrals

Rules6/21/2012
Consumer Affairs and Protection3/26/2012

Full Bill Text

No bill text available