Bill
Bill > S02440
NY S02440
NY S02440Requires stores to publicly display their return and refund policies, including tracking of returns; establishes that failure to display provides buyer with automatic refund or credit.
summary
Introduced
01/17/2025
01/17/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the general business law, in relation to public notification of tracking return policy
AI Summary
This bill requires retail stores that use electronic systems to track customer returns to publicly disclose this practice by posting a clear notice in one of four locations: on the item itself, at cash registers, near cash registers, or at store entrances. If a store fails to provide such notice, customers are entitled to a full cash refund or store credit for up to 20 days after purchase, provided the merchandise remains unused and undamaged. Additionally, stores that do not comply with the disclosure requirement will face civil penalties ranging from $100 to $500 for each violation. The law aims to increase transparency about return tracking practices and protect consumers by ensuring they are aware of how stores monitor their return behaviors. The bill will go into effect 180 days after becoming law, giving retailers time to adjust their practices and signage to meet the new requirements.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
REFERRED TO CONSUMER PROTECTION (on 01/17/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S2440 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S02440&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S02440 |
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