US HB6450 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on April 3 2020 - 25% progression, died in committee
Action: 2020-04-03 - Referred to the House Committee on Energy and Commerce.
Pending: House Energy And Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 3 2020 - 25% progression, died in committee
Action: 2020-04-03 - Referred to the House Committee on Energy and Commerce.
Pending: House Energy And Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Makes it unlawful for any person to sell, or offer for sale, a consumer good during a federally-declared emergency at a price that (1) exceeds 10% of the price charged by similarly-situated sellers of such good during the 120 days before the emergency was declared. However, such a price increase may not be a violation if the increase is (1) attributable to additional costs incurred by the seller to provide the consumer good, or (2) is not more than 10% greater than a combination of the total cost incurred by the seller and the customary price markup of the good.The bill grants the Federal Trade Commission and state attorneys general the authority to enforce compliance with the requirements of this bill.
Title
Price Gouging Prevention Act
Sponsors
Rep. Joseph Neguse [D-CO] | Rep. Ted Lieu [D-CA] | Rep. Lloyd Doggett [D-TX] | Rep. Sheila Jackson-Lee [D-TX] |
Rep. Bennie Thompson [D-MS] | Rep. Jamie Raskin [D-MD] | Rep. Veronica Escobar [D-TX] | Rep. Eleanor Norton [D-DC] |
Rep. Frederica Wilson [D-FL] | Rep. Jahana Hayes [D-CT] | Rep. Grace Napolitano [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2020-04-03 | House | Referred to the House Committee on Energy and Commerce. |
2020-04-03 | House | Introduced in House |
Same As/Similar To
HB6472 (Related) 2020-04-07 - Referred to the House Committee on Energy and Commerce.
SB3853 (Related) 2020-06-01 - Read twice and referred to the Committee on Commerce, Science, and Transportation.
SB3853 (Related) 2020-06-01 - Read twice and referred to the Committee on Commerce, Science, and Transportation.
Subjects
Civil actions and liability
Commerce
Consumer affairs
Disaster relief and insurance
Emergency medical services and trauma care
Inflation and prices
Retail and wholesale trades
State and local government operations
Commerce
Consumer affairs
Disaster relief and insurance
Emergency medical services and trauma care
Inflation and prices
Retail and wholesale trades
State and local government operations
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6450/all-info |
Text | https://www.congress.gov/116/bills/hr6450/BILLS-116hr6450ih.pdf |