โ HB633
Enact the The Fee Transparency Act
Current Status: Introduced In House
Summary
The Fee Transparency Act prohibits suppliers from advertising, displaying, or offering prices for goods or services without including all mandatory fees and charges in a clear and conspicuous manner. Exceptions include certain financial transactions, broadband services, and food delivery platforms. Violations are considered unconscionable acts in consumer transactions.
Rationale
The bill imposes regulations on how prices are advertised, which conflicts with the Libertarian principles of free markets and minimal government intervention. Both the LP and LPO advocate for limited government control over economic transactions, and this bill introduces additional restrictions.
Risks and Concerns
- Increased government regulation of advertising practices
- Potential for unintended consequences in market pricing
- Reduced consumer choice in how prices are presented
