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Can I offer discounts or promotions without violating pricing laws in Louisiana? What are the requirements?
To offer discounts or promotions without violating pricing laws in Louisiana, there are certain requirements that must be met.
Requirements for Offering Discounts or Promotions
According to LARS § 26.924, every manufacturer, importer, or sales entity affiliate of cigarettes sold within Louisiana shall notify the commissioner, in writing, of any price change to any cigarette brand resulting from trade discounts, rebates, or coupons by the twenty-eighth day of the month preceding the effective date of the price changes resulting from trade discounts, rebates, or coupons and any such price change shall be valid for at least thirty days. Any price change not provided to the commissioner as required herein shall not be included in the commissioner’s price schedule and shall not be computed in determining the minimum retail prices for the product. No wholesale or retail dealer shall sell any cigarette brand at any price less than allowed in the minimum pricing schedule provided by the commissioner.
Therefore, to offer discounts or promotions on cigarettes, the manufacturer, importer, or sales entity affiliate must notify the commissioner of any price changes resulting from trade discounts, rebates, or coupons at least 28 days before the effective date of the price changes.
For other products, there are no specific requirements for offering discounts or promotions in Louisiana. However, businesses must comply with general requirements for selling products at retail, wholesale, or by vending machine, as outlined in LARS § 26.906. This includes obtaining a permit for each place of business and each vending machine, submitting an application for permits on forms provided by the commissioner, and paying the required fees.
Conclusion
In conclusion, to offer discounts or promotions without violating pricing laws in Louisiana, manufacturers, importers, or sales entity affiliates must notify the commissioner of any price changes resulting from trade discounts, rebates, or coupons at least 28 days before the effective date of the price changes for cigarettes. For other products, businesses must comply with general requirements for selling products at retail, wholesale, or by vending machine, as outlined in LARS § 26.906. [1.1][1.2]
Source(s):
Jurisdiction
Louisiana