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S 3853 116th Congress Senate Commerce Civil actions and liability Consumer affairs Disaster relief and insurance Emergency medical services and trauma care Inflation and prices Retail and wholesale trades

Price Gouging Prevention Act

Introduced: June 1, 2020 Introduced by: Warren, Elizabeth Democratic · Massachusetts See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 1, 2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Jun 1, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Price Gouging Prevention Act

This bill makes it unlawful for any person to sell or offer for sale a consumer good during a public health emergency at an excessive or opportunistic price. Specifically, consumer goods include those deemed vital and necessary by public health officials for the health, safety, and welfare of consumers during an emergency or disaster (e.g., food, water, medications, and personal protective equipment). The price of these goods is presumptively excessive or oppressive during such an emergency or disaster if the sale price exceeds by more than 10% the average price of such good during the 120-day period preceding the emergency or disaster.

What's happening now June 1, 2020

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Committees of jurisdiction 1