Economic Liberties Applauds Colorado State Senate on Passage of Junk Fees Legislation
Denver, CO — Following news that the Colorado State Senate has advanced anti-junk fee legislative bill HB 25-1090 by a 22-12 vote, the American Economic Liberties Project released the following statement.
“Fair pricing isn’t radical so much as it’s just good business. Consumers in Colorado should never have to guess what something costs, and honest businesses shouldn’t have to compete against those profiting from deception,” said Pat Garofalo, Director of State & Local Policy at American Economic Liberties Project. “If a company can’t succeed without hidden fees, it’s not competing, it’s conning. By passing this bill, the Colorado State Legislature — both the House and Senate — have now sent a clear message to big business: bogus, mandatory junk fees have no place in Colorado’s marketplace. We appreciate Reps. Emily Sirota and Naquetta Ricks for their leadership on this bill, and urge Governor Polis to quickly sign it once it moves through House concurrence and reaches his desk.”
Junk fees – the bogus “convenience” and “processing” fees charged by big corporations across the economy cost the average American family more than $3,300 per year, according to a Consumer Reports study. Hidden junk fees can raise prices on the final purchase by more than 20%, an unwanted surprise in this economy.
Learn more about Economic Liberties’ campaign to End Junk Fees here.
Learn more about Economic Liberties here.
###
The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.