TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1389 by Van de Putte (Relating to the processing of consumer rebates.), As Introduced |
The bill would amend the Business and Commerce Code and require persons who offer rebates to pay the rebate to the consumer within the time period specified in the offer or, if silent, no later than the thirtieth day after the properly completed rebate request was received. The bill also provides conditions under which the rebate issuer can reject a rebate request and establishes notification requirements for rejection of a rebate request. It also establishes that a manufacturer or person offering a rebate is liable for the acts of an independent entity that processes rebate requests for that person.
Source Agencies: | 302 Office of the Attorney General
|
LBB Staff: | JOB, JRO, JM
|