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House debate targets deceptive 'liquidation' sales; third-substitute H.B. 151 moves forward
Summary
Lawmakers debated H.B. 151, the Liquidation Sales Act, which would require merchants to notify the Division of Consumer Protection for liquidation or defunct-business sales, allow a 30-day notice period, and require inventory disclosures for extensions. The sponsor said the bill is a targeted consumer-protection measure developed with retail stakeholders.
Representative David M. Jones introduced the third substitute to House Bill 151 as a response to recurring "final weekend" liquidation advertisements that, he said, mislead consumers and undercut legitimate merchants.
Jones cited examples of advertising that repeatedly touted firm closing dates and then extended sales, outlined phone contacts that were disconnected, and said the bill requires merchants to notify the Division of Consumer Protection before…
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