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Bill > A03103


NY A03103

NY A03103
Prohibits food or beverage service establishments that are part of a chain with fifteen or more locations nationally from implementing surge pricing; provides exceptions; imposes a penalty.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the general business law, in relation to prohibiting the practice of surge pricing by chain restaurants

AI Summary

This bill aims to prohibit surge pricing at food and beverage service establishments that are part of a chain with 15 or more locations nationally. The bill defines key terms such as "dynamic pricing" (adjusting prices based on market conditions, season, and supply) and "surge pricing" (raising or lowering prices based on demand without changes in market conditions). Covered establishments are banned from implementing surge pricing, but the law provides several exceptions, including early-bird specials, happy hours, seasonal specials, and catering services. Additionally, charging extra for third-party app orders is not considered a violation. Establishments found in violation of this prohibition will be subject to a civil penalty of $250 for each occurrence. The bill is designed to protect consumers from unexpected price increases at large restaurant chains by preventing pricing strategies that are not directly tied to actual market or supply changes. The law will go into effect 90 days after it is signed.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to consumer affairs and protection (on 01/23/2025)

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