SENATE BILL 88

File Code: Commercial Law - Consumer Protection

Sponsored By:

Senator Conway

Entitled:

Consumer Protection - Restocking and Return Fees

Synopsis:

Prohibiting a merchant from charging a consumer who returns merchandise purchased from the merchant a restocking or return fee in excess of 10% of the purchase price of the merchandise if the purchase price of the merchandise did not exceed $1,000, or $100 if the purchase price of the merchandise exceeded $1,000, the merchandise malfunctioned, the packaging of the merchandise is not opened, or the return is necessitated by error of the manufacturer, wholesaler, or retailer.

History by Legislative Date

Senate Action

1/15

First Reading Finance

Hearing 1/28 at 1:30 p.m.

3/1

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.

CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.

FEES -see also- DEVELOPMENT FEES AND TAXES

Bill affects the following Statute:

Commercial Law

( 13-319 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered