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S 3920 117th Congress Senate Commerce Civil actions and liability Consumer affairs Criminal investigation, prosecution, interrogation Energy prices Energy storage, supplies, demand Fraud offenses and financial crimes Motor fuels Oil and gas Presidents and presidential powers, Vice Presidents Retail and wholesale trades State and local government operations

Gas Price Gouging Prevention Act

Introduced: March 24, 2022 Introduced by: Duckworth, Tammy Democratic · Illinois 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
Mar 24, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Mar 24, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Gas Price Gouging Prevention Act

This bill prohibits any person from selling, during a proclaimed international crisis affecting the oil markets, gasoline at a price that (1) is unconscionably excessive, and (2) indicates that the seller is taking unfair advantage of the crisis to increase prices unreasonably. The President may issue a proclamation of such a crisis that specifies the geographic area covered and how long the proclamation applies.

The bill provides for enforcement by the Federal Trade Commission and imposes enhanced civil penalties and criminal fines. It also authorizes state attorneys general to bring a civil action to enforce the prohibitions of this bill.

What's happening now March 24, 2022

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

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3