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Committee holds Senate Bill 387 on dynamic pricing after stakeholder changes
Summary
Senate Bill 387 (dynamic pricing) was presented with significant Senate amendments affecting exceptions and third-party provider definitions; retailers and lobbyists sought further changes and the committee held the bill until the next voting session to review newly circulated amendments.
Chair introduced Senate Bill 387, describing it as a dynamic price-setting bill that the Senate amended substantially, primarily to change exceptions and to adjust how price increases are treated. Staff noted the Senate had revised the definition of third-party provider and taken amendments requested by retailers.
Retail representatives and lobbyists were in the room and committee members said they had received suggested amendments shortly before the session. Miles and Miss Locklear (named in the record) were asked by members to help explain the Senate changes and the retailer concerns.
Given the magnitude of the Senate changes and the late arrival of amendment text, committee members agreed to hold SB 387 until the next voting session to allow review and consultation with stakeholders. "387 is on hold till next voting session," a committee member stated after receiving the amendments.
Next step: SB 387 held for review of the Senate amendments and stakeholder-requested language before the committee considers a motion to report the bill.
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