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Price Gouging Prevention Act

USA116th CongressHR-6450| House 
| Updated: 4/3/2020
Joe Neguse

Joe Neguse

Democratic Representative

Colorado

Cosponsors (10)
Sheila Jackson Lee (Democratic)Frederica S. Wilson (Democratic)Ted Lieu (Democratic)Jahana Hayes (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Bennie G. Thompson (Democratic)Veronica Escobar (Democratic)Lloyd Doggett (Democratic)Grace F. Napolitano (Democratic)

Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Price Gouging Prevention Act This bill 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.
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Timeline
Apr 3, 2020
Introduced in House
Apr 3, 2020
Referred to the House Committee on Energy and Commerce.
Jun 1, 2020

Latest Companion Bill Action

S 116-3853
Introduced in Senate
  • April 3, 2020
    Introduced in House


  • April 3, 2020
    Referred to the House Committee on Energy and Commerce.


  • June 1, 2020

    Latest Companion Bill Action

    S 116-3853
    Introduced in Senate

Commerce

Related Bills

  • HR 116-6472: COVID–19 Price Gouging Prevention Act
  • S 116-3853: Price Gouging Prevention Act
Civil actions and liabilityConsumer affairsDisaster relief and insuranceEmergency medical services and trauma careInflation and pricesRetail and wholesale tradesState and local government operations

Price Gouging Prevention Act

USA116th CongressHR-6450| House 
| Updated: 4/3/2020
Price Gouging Prevention Act This bill 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 3, 2020
Introduced in House
Apr 3, 2020
Referred to the House Committee on Energy and Commerce.
Jun 1, 2020

Latest Companion Bill Action

S 116-3853
Introduced in Senate
  • April 3, 2020
    Introduced in House


  • April 3, 2020
    Referred to the House Committee on Energy and Commerce.


  • June 1, 2020

    Latest Companion Bill Action

    S 116-3853
    Introduced in Senate
Joe Neguse

Joe Neguse

Democratic Representative

Colorado

Cosponsors (10)
Sheila Jackson Lee (Democratic)Frederica S. Wilson (Democratic)Ted Lieu (Democratic)Jahana Hayes (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Bennie G. Thompson (Democratic)Veronica Escobar (Democratic)Lloyd Doggett (Democratic)Grace F. Napolitano (Democratic)

Energy and Commerce Committee

Commerce

Related Bills

  • HR 116-6472: COVID–19 Price Gouging Prevention Act
  • S 116-3853: Price Gouging Prevention Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer affairsDisaster relief and insuranceEmergency medical services and trauma careInflation and pricesRetail and wholesale tradesState and local government operations