Plain English Breakdown
The official source material does not specify the legal consequences for businesses that do not comply with the new rule.
Consumer Fee Transparency
This act requires businesses to include all mandatory fees and charges in the advertised prices for goods or services, except for taxes imposed by government entities.
What This Bill Does
- Requires businesses to show all mandatory fees and charges when advertising prices for products or services.
- Does not require businesses to include taxes from the government in their advertised prices.
Who It Names or Affects
- Consumers who buy goods or services
- Businesses that sell products or offer services
Terms To Know
- Unfair trade practices
- Actions by businesses that are not fair to consumers, such as hiding fees.
- Consumer protection
- Laws and rules made to keep customers safe from unfair business practices.
Limits and Unknowns
- The bill does not specify what happens if a business breaks the new rule.
- It is unclear how this law will be enforced or who will make sure businesses follow it.