HB619: relative to transactions exempt from consumer protection regulations.

HB 619 - AS INTRODUCED

2019 SESSION

19-0679

06/08

HOUSE BILL 619

AN ACT relative to transactions exempt from consumer protection regulations.

SPONSORS: Rep. W. Pearson, Ches. 16

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill redefines certain transactions that are exempt from consumer protection regulations.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0679

06/08

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nineteen

AN ACT relative to transactions exempt from consumer protection regulations.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Consumer Protection; Exempt Transactions. RSA 358-A:3, I is repealed and reenacted to read as follows:

I. Trade or commerce that is:

(a) Permitted by laws, regulations, standards, orders, or other action of a federal or state regulatory authority that expressly regulate unfair or deceptive acts or practices in the conduct of such transactions.

(b) Subject to remedial action by such federal or state regulatory authority through the imposition of damages, restitution, or other monetary recovery for individual consumers injured by an entity's noncompliance with such laws, regulations, standards, orders, or other action of such federal or state regulatory authority.

2 Effective Date. This act shall take effect 60 days after its passage.