Bill Text: MS HB966 | 2023 | Regular Session | Introduced

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Bill Title: Retail food establishments; prohibit from imposing cost-plus pricing formulas.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2023-01-31 - Died In Committee [HB966 Detail]

Download: Mississippi-2023-HB966-Introduced.html

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MISSISSIPPI LEGISLATURE

2023 Regular Session

To: Ways and Means

By: Representative Banks

House Bill 966

AN ACT TO PROHIBIT RETAIL FOOD ESTABLISHMENTS FROM IMPOSING COST-PLUS PRICING FORMULAS; TO PROVIDE A PENALTY FOR THE CRIME; TO PROVIDE THAT A VIOLATION OF THE SECTION SHALL CONSTITUTE AN UNLAWFUL TRADE PRACTICE; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  (1)  A retail food establishment may not impose a cost-plus pricing formula on grocery items.

     (2)  As used in this section:

          (a)  "Retail food establishment" means any establishment as defined by Section 69-1-18(1)(d).

          (b)  "Cost-plus pricing formula" means a formula in which the seller marks items at the item cost and imposes a surcharge in addition to the cost of the item.

     SECTION 2.  (1)  Any person who violates this act shall be guilty of a misdemeanor and, upon conviction thereof, shall be subject to a fine of not more than One Thousand Dollars ($1,000.00) or shall be imprisoned in the county jail not exceeding one (1) year, or both.

     (2)  Any violation of this act constitutes an unlawful trade practice under Section 75-24-5, Mississippi Code of 1972, and, in addition to any remedies or penalties set forth in this act, shall be subject to any remedies or penalties available for a violation of that statute.

     SECTION 3.  This act shall take effect and be in force from and after July 1, 2023.