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