Bill > S267

This bill updates the unit pricing exemption threshold in Section 115A of Chapter 6 of the Massachusetts General Laws by increasing the monetary limit from $5,000,000 to $10,000,000. The bill appears to be modifying a consumer protection provision that provides an exemption from certain pricing requirements for businesses or transactions above a specific dollar value. By doubling the existing threshold, the legislation effectively raises the financial benchmark at which the unit pricing rules no longer apply, potentially reducing regulatory burden for businesses with higher-value transactions. The change will take effect immediately upon the bill's passage, as specified in Section 2 of the bill. While the specific details of the unit pricing exemption are not provided in the bill text, the amendment suggests an intent to adjust the scope of a consumer protection regulation to reflect current economic conditions or business practices.

Budget and Finance, Labor and Employment

https://malegislature.gov/Bills/194/S267