Relates to requiring mandatory arbitration clauses in certain consumer contracts to be printed in large font type

This bill requires businesses selling consumer goods or services in New York to display any arbitration clauses in contracts using large print (16-point font or larger). It prohibits mandatory arbitration clauses that bind consumers to submit disputes to arbitration before court, making such clauses void. Businesses must provide contracts with arbitration clauses in large print for initial consumer agreements, with civil penalties of up to $250 for first violations and $500 for repeat offenses. The law directly affects New York businesses and consumers purchasing goods or services for personal, family, or household use.