The bill amends the Michigan Consumer Protection Act by adding new provisions to enhance consumer rights and protections. Notably, it introduces Section 3j, which mandates that businesses engaged in trade or commerce must publicly disclose any price adjustments resulting from tariffs imposed by the U.S. or foreign governments within seven days of such imposition. Additionally, businesses are required to specify these tariff-related price adjustments in dollar amounts on consumer receipts, clearly labeled as "tariff charge."
The bill also revises existing definitions and provisions in Sections 3 and 4, clarifying various unfair, unconscionable, or deceptive practices in trade or commerce. Key changes include the replacement of pronouns to ensure gender neutrality and the specification of certain practices that are deemed unlawful, such as misrepresenting the need for goods or services and failing to disclose material facts that could mislead consumers. Furthermore, the bill outlines exemptions from the act, particularly concerning transactions authorized by state or federal laws and specific advertising practices, while also clarifying the burden of proof for claiming such exemptions.
Statutes affected: House Introduced Bill: 445.903, 445.904