PRINTER'S NO. 1755
No. 1457 Session of 2005
INTRODUCED BY LEH, BENNINGHOFF, FLEAGLE, FORCIER, HERSHEY,
MARSICO, ROHRER, SAINATO, SAYLOR, SHANER, R. STEVENSON,
E. Z. TAYLOR, THOMAS, WILT AND YOUNGBLOOD, APRIL 28, 2005
REFERRED TO COMMITTEE ON CONSUMER AFFAIRS, APRIL 28, 2005
AN ACT
1 Amending the act of December 17, 1968 (P.L.1224, No.387),
2 entitled "An act prohibiting unfair methods of competition
3 and unfair or deceptive acts or practices in the conduct of
4 any trade or commerce, giving the Attorney General and
5 District Attorneys certain powers and duties and providing
6 penalties," further providing for rescission of contracts.
7 The General Assembly of the Commonwealth of Pennsylvania
8 hereby enacts as follows:
9 Section 1. Section 7(a) of the act of December 17, 1968
10 (P.L.1224, No.387), known as the Unfair Trade Practices and
11 Consumer Protection Law, reenacted and amended November 24, 1976
12 (P.L.1166, No.260), and amended December 4, 1996 (P.L.906,
13 No.146), is amended to read:
14 Section 7. Contracts; Effect of Rescission.--(a) Where
15 goods or services having a sale price of twenty-five dollars
16 ($25) or more are sold or contracted to be sold to a buyer, as a
17 result of, or in connection with, a seller-initiated contact
18 with or seller-initiated call on the buyer or resident at his
19 residence either in person or by telephone, that consumer may
1 avoid the contract or sale by notifying, in writing, the seller
2 within three full business days following the day on which the
3 contract or sale was made and by returning or holding available
4 for return to the seller, in its original condition, any
5 merchandise received under the contract or sale. Such notice of
6 rescission shall be effective upon depositing the same in the
7 United States mail or upon other service which gives the seller
8 notice of rescission.
9 * * *
10 Section 2. The amendment of section 7(a) of the act shall
11 apply to contracts entered into on or after the effective date
12 of this section.
13 Section 3. This act shall take effect in 60 days.
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