Defines certain terms in standard form contracts as unconscionable

This bill (S 4996) makes specific terms in standard form contracts unfair and unenforceable when used against individual consumers who didn't draft the contract. It defines as "unconscionable" terms like requiring inconvenient dispute resolution venues, waiving legal rights (including punitive damages), or imposing excessive fees. The law creates a rebuttable presumption that these terms are unfair, meaning courts would likely strike them out rather than enforce the rest of the contract. Consumers who face these terms can seek $1,000 in statutory damages per violation, and the law explicitly prohibits businesses from including these terms in contracts with individual consumers.