Bill Text: NY A05472 | 2009-2010 | General Assembly | Introduced

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Bill Title: An act to amend the general business law, in relation to requiring rebates to be provided at the time of purchase

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-01-06 - referred to consumer affairs and protection [A05472 Detail]

Download: New_York-2009-A05472-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5472
                              2009-2010 Regular Sessions
                                 I N  A S S E M B L Y
                                   February 13, 2009
                                      ___________
       Introduced  by M. of A. BOYLAND -- read once and referred to the Commit-
         tee on Consumer Affairs and Protection
       AN ACT to amend the general  business  law,  in  relation  to  requiring
         rebates to be provided at the time of purchase
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The general business law is amended by adding a new section
    2  391-q to read as follows:
    3    S 391-Q. REBATES. 1. FOR THE PURPOSES OF THIS SECTION, "REBATE"  SHALL
    4  MEAN  THE RETURN TO A PURCHASER OF ANY GOOD OR SERVICE OF ANY PORTION OF
    5  THE PURCHASE PRICE THEREOF OR A SPECIFIC MONETARY AMOUNT.
    6    2. EVERY REBATE SHALL BE PROVIDED TO A PURCHASER AT THE TIME AND PLACE
    7  OF RETAIL PURCHASE OF THE GOOD OR SERVICE TO WHICH THE REBATE APPLIES.
    8    3. ANY PERSON, FIRM, CORPORATION OR ASSOCIATION OFFERING A REBATE  WHO
    9  VIOLATES  THIS  SECTION  SHALL BE SUBJECT TO A CIVIL PENALTY OF NOT LESS
   10  THAN ONE HUNDRED DOLLARS NOR MORE THAN ONE  THOUSAND  DOLLARS  FOR  EACH
   11  SUCH VIOLATION.
   12    S  2.  This  act  shall  take  effect  on  the first of September next
   13  succeeding the date on which it shall have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07881-01-9