Update 4:23 p.m.:
Rick Pluta, from the Michigan Public Radio Network, says the House will likely vote on a repeal of the Item Pricing Law tomorrow. Pluta spoke with the sponsor of the bill, State Rep. Lisa Lyons. She says individual price tags wouldn't be required, but stores would be required to prominently post prices so consumers know how much things cost:
"It does eliminate the antiquated requirement that every item be priced which has been in effect since before I was born, but it also upholds and provides for consumer protections that Michigan shoppers have come to know, expect and they deserve," said Lyons.
2:06 p.m.
The Michigan legislature is a step closer in repealing the state's Item Pricing Law.
The law requires that most items on store shelves carry an individual price tag.
The Lansing Bureau of the Detroit Free Press reports:
Legislation to rescind the requirement that almost all retail goods sold in Michigan be individually priced cleared its first hurdle in the state House this morning, winning approval in the Commerce Committee on a 16-3 vote. The measure was approved after its sponsors agreed to an amendment that will require retailers to clearly display prices in close proximity to the item for sale.
Governor Syder has said that a repeal of the law will send a signal that Michigan is a business-friendly state. Retailers say the law is antiquated and drives up prices.
Rick Pluta reported for the Michigan Public Radio Network that
The last effort to repeal the law was five years ago, but it failed under the threat of a veto by Governor Jennifer Granholm.
Proponents of the law say the individual price tags protect consumers from being overcharged.
