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Subcommittee amends automatic-renewal bill, requires consent for large price hikes
Summary
The Agriculture & Consumer Affairs subcommittee advanced HB 12 24, which would require affirmative consumer consent when companies automatically renew annual contracts and raise prices; the subcommittee amended the bill to lower the threshold from 50% to 25% and passed it as amended.
Representative Carter Barrett told the Agriculture & Consumer Affairs subcommittee that House Bill 12 24 is a targeted fix to problems consumers face with automatic renewals, particularly for annual contracts. "What this bill says... is if you renew me automatically for contracts of a year or more, and if you raise my price by 50%, you have to get my affirmative…
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