HR 7277
116th Congress
House
Commerce
Civil actions and liability
Consumer affairs
Disaster relief and insurance
Emergency medical services and trauma care
Inflation and prices
Public contracts and procurement
Retail and wholesale trades
State and local government operations
Unconscionable Pricing Act
Introduced: June 18, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2020
Referred to the House Committee on Energy and Commerce.
Jun 18, 2020
Introduced in House
Plain-English summary
Unconscionable Pricing Act
This bill makes it unlawful for any person to sell, rent, or lease an emergency supply at an unconscionable price during a federally-declared emergency. A price is unconscionable if (1) it exceeds 10% of the average price for the same or similar emergency supply during the 30 days before the emergency was declared, and (2) such price increase is not related to the reasonable costs incurred to sell or rent the supply.
The bill grants the Federal Trade Commission and state attorneys general the authority to enforce compliance with the requirements of this bill.
What's happening now
Referred to the House Committee on Energy and Commerce.
Committees of jurisdiction
1