Bill Text: NY A03501 | 2013-2014 | General Assembly | Introduced

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Bill Title: Requires businesses that purchase silver, gold and platinum to display current silver, gold and platinum prices.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2014-01-08 - referred to consumer affairs and protection [A03501 Detail]

Download: New_York-2013-A03501-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3501
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 28, 2013
                                      ___________
       Introduced  by M. of A. PRETLOW -- 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 busi-
         nesses that purchase silver, gold  and  platinum  to  display  current
         silver, gold and platinum prices
         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-s to read as follows:
    3    S 391-S. SILVER, GOLD AND PLATINUM PRICES DISPLAYED. ANY BUSINESS THAT
    4  DEALS IN THE PURCHASE OF SILVER, GOLD AND PLATINUM FOR  THE  PURPOSE  OF
    5  RESALE, MELTING OR REFINING SHALL DISPLAY A SIGN WITH THE CURRENT PRICES
    6  LISTED  FOR  SILVER,  GOLD  AND  PLATINUM  IN A PROMINENT OR CONSPICUOUS
    7  LOCATION WITHIN THE BUSINESS ESTABLISHMENT.
    8    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07581-01-3