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]

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.

Tracking Information

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Title

Price Gouging Prevention Act

Sponsors


History

DateChamberAction
2020-04-03HouseReferred to the House Committee on Energy and Commerce.
2020-04-03HouseIntroduced 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.

Subjects


US Congress State Sources


Bill Comments

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