Bill
Bill > A08427
NY A08427
NY A08427Enacts the "fostering affordability and integrity through reasonable (FAIR) business practices act", to expand the attorney general's ability to protect New Yorkers from unfair, deceptive and abusive business practices.
summary
Introduced
05/15/2025
05/15/2025
In Committee
06/16/2025
06/16/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the general business law, in relation to enacting the "fostering affordability and integrity through reasonable (FAIR) business practices act"
AI Summary
This bill expands the New York Attorney General's ability to protect individuals and businesses from unfair, deceptive, and abusive business practices by amending the state's General Business Law. The legislation, known as the FAIR (Fostering Affordability and Integrity through Reasonable) Business Practices Act, broadens the definition of prohibited business practices to include acts that cause substantial injury, materially interfere with understanding product or service terms, or take unreasonable advantage of a person's lack of understanding or inability to protect their interests. The bill removes previous limitations that restricted the Attorney General's enforcement to only "consumer-oriented" actions, allowing legal action against unfair practices that impact businesses, non-profits, and individuals alike. It provides the Attorney General with expanded powers to bring actions against businesses engaging in unfair practices, whether they are located in or outside of New York, and allows for injunctions, restitution, and other remedies. Additionally, the bill maintains existing provisions allowing individuals who have been injured by deceptive practices to bring their own legal actions and potentially receive damages. The legislation aims to create a more comprehensive framework for protecting New Yorkers, especially vulnerable populations like low-income communities, seniors, veterans, and immigrant populations, from potentially harmful business practices.
Committee Categories
Budget and Finance, Business and Industry, Housing and Urban Affairs
Sponsors (55)
Micah Lasher (D)*,
George Alvarez (D),
Khaleel Anderson (D),
Alex Bores (D),
Harry Bronson (D),
Chris Burdick (D),
Noah Burroughs (D),
Patrick Carroll (D),
Robert Carroll (D),
Sarah Clark (D),
William Colton (D),
Bill Conrad (D),
Catalina Cruz (D),
Brian Cunningham (D),
Manny De Los Santos (D),
Jeffrey Dinowitz (D),
Harvey Epstein (D),
Emily Gallagher (D),
Eddie Gibbs (D),
Deborah Glick (D),
Jessica González-Rojas (D),
Andrew Hevesi (D),
Chantel Jackson (D),
Jonathan Jacobson (D),
Charles Lavine (D),
Grace Lee (D),
Dana Levenberg (D),
Jen Lunsford (D),
Karen McMahon (D),
Demond Meeks (D),
Marcela Mitaynes (D),
Kwani O'Pharrow (D),
Steve Otis (D),
Amy Paulin (D),
Jenifer Rajkumar (D),
Karines Reyes (D),
Gabriella Romero (D),
Linda Rosenthal (D),
Thomas Schiavoni (D),
Rebecca Seawright (D),
Maryjane Shimsky (D),
Sarahana Shrestha (D),
Jo Anne Simon (D),
Tony Simone (D),
Michaelle Solages (D),
Phara Souffrant Forrest (D),
Phil Steck (D),
Al Stirpe (D),
Yudelka Tapia (D),
Al Taylor (D),
Emerita Torres (D),
Claire Valdez (D),
David Weprin (D),
Aron Wieder (D),
Jordan Wright (D),
Last Action
substituted by s8416 (on 06/16/2025)
Official Document
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