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South Carolina General Assembly 118th Session, 2009-2010 H. 3174 STATUS INFORMATION General Bill Sponsors: Reps. Toole and Brady Document Path: l:\council\bills\agm\19295bb09.docx Introduced in the House on January 13, 2009 Currently residing in the House Committee on Labor, Commerce and Industry Summary: Unfair trade practice HISTORY OF LEGISLATIVE ACTIONS Date Body Action Description with journal page number 12/16/2008 House Prefiled 12/16/2008 House Referred to Committee on Labor, Commerce and Industry 1/13/2009 House Introduced and read first time HJ -78 1/13/2009 House Referred to Committee on Labor, Commerce and Industry HJ -78 VERSIONS OF THIS BILL 12/16/2008 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

2009-2010 Bill 3174: Unfair trade practice - South … · Web viewDocument Path: l:\council\bills\agm\19295bb09.docx Introduced in the House on January 13, 2009 Currently residing

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South Carolina General Assembly118th Session, 2009-2010

H. 3174

STATUS INFORMATION

General BillSponsors: Reps. Toole and BradyDocument Path: l:\council\bills\agm\19295bb09.docx

Introduced in the House on January 13, 2009Currently residing in the House Committee on Labor, Commerce and Industry

Summary: Unfair trade practice

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number 12/16/2008 House Prefiled12/16/2008 House Referred to Committee on Labor, Commerce and Industry1/13/2009 House Introduced and read first time HJ-781/13/2009 House Referred to Committee on Labor, Commerce and Industry HJ-78

VERSIONS OF THIS BILL

12/16/2008

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A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 39-5-32 SO AS TO MAKE IT AN UNFAIR TRADE PRACTICE TO ADVERTISE A PRICE FOR A PRODUCT THAT REFLECTS A DISCOUNT REQUIRING A BUYER TO SUBMIT A COUPON TO THE MANUFACTURER FOR A CASH REBATE IN ORDER TO OBTAIN THE ADVERTISED PRICE, AND TO PROVIDE FOR A CIVIL CAUSE OF ACTION FOR VIOLATION OF THIS SECTION.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Article 1, Chapter 5, Title 39 of the 1976 Code is amended by adding:

“Section 39-5-32. (A) It is an unlawful trade practice pursuant to Section 39-5-20 for a person to advertise a price for a product that reflects a discount that requires a buyer to submit a coupon to the manufacturer for a cash rebate in order to obtain the advertised price. A person who advertises this price must apply the coupon at the time of sale so that the buyer receives the advertised price without being required to submit a coupon to the manufacturer for a cash rebate.

(B) In addition to penalties provided for violation of unfair trade practices in this chapter, there is created a civil cause of action for violation of this section. A person who violates the provisions of subsection (A) must pay the buyer:

(1) three times the actual amount of the coupon for the first violation;

(2) five times the actual amount of the coupon or five hundred dollars, whichever is greater, for the second violation;

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(3) eight times the actual amount of the coupon or one thousand dollars, whichever is greater, for the third violation; and

(4) fifteen hundred dollars for the fourth and each additional violation.”

SECTION 2. This act takes effect upon approval by the Governor.

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