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California Bans Hidden Fees, Effective July 1, 2024

By Timothy A. Butler, Matthew White, Tessa Cierny ˘ & Zeba Pirani ˘ on October 17, 2023
Sacramento

On Oct. 7, 2023, California Governor Gavin Newsom signed SB 478 into law. When it becomes effective July 1, 2024, the law will amend the CLRA to generally ban so-called “junk fees.”

California’s effort sits along the Biden administration’s focus on “junk fees,” which multiple federal agencies have now addressed via various advisory opinions, guidance documents, and enforcement actions.

Continue reading the full GT Alert.

  • Posted in:
    Corporate & Commercial, Financial, General and Uncategorized, International
  • Blog:
    Financial Services Observer
  • Organization:
    Greenberg Traurig, LLP
  • Article: View Original Source

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