Ask Reggi Your Question Now
Can I offer discounts or promotions without violating pricing laws in Pennsylvania? What are the requirements?
Based on the provided context documents, there are no specific pricing laws in Pennsylvania that prohibit offering discounts or promotions. However, it is important to ensure compliance with other applicable laws, such as those listed in 7 PACS 11901.7, which requires compliance with the Pennsylvania Prevailing Wage Act, the Public Works Contractors’ Bond Law of 1967, the Public Contract Bid Withdrawal Law, the Steel Products Procurement Act, the Contractor and Subcontractor Payment Act, and 62 Pa.C.S. Chs. 37 Subch. B (relating to motor vehicles), 39 (relating to contracts for public works) and 45 (relating to antibid-rigging) [1.1].
It is also important to note that if the discounts or promotions are related to mortgage loans, individuals or entities engaging in the mortgage loan business in Pennsylvania must be licensed as a mortgage broker, mortgage lender, mortgage servicer, or mortgage originator as provided under 7 PACS 6111, unless they fall under one of the exceptions listed in 7 PACS 6112 [3.1][3.2].
Furthermore, there are no specific requirements for offering discounts or promotions in Pennsylvania. However, it is important to ensure compliance with other applicable laws, such as those related to advertising and bidding requirements for city contracts or purchases [1.2][1.3]. Additionally, if you operate a for-profit parking lot or garage in Pennsylvania, you may be subject to regulations and licensing requirements imposed by the city, including liability insurance requirements [4.1].
Therefore, while there are no specific pricing laws in Pennsylvania that prohibit offering discounts or promotions, it is important to ensure compliance with other applicable laws and regulations.
Source(s):
- [1.1] Compliance with other laws.
- [3.1] Exceptions to license requirements.
- [1.2] Evasion of advertising requirements.
- [1.3] Contracts or purchases not requiring advertising or bidding.
- [4.1] Regulation of parking lot and parking garage operators.
- [3.2] License requirements.
Jurisdiction
Pennsylvania