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Gas Price Gouging Prevention Act

USA117th CongressS-3920| Senate 
| Updated: 3/24/2022
Tammy Duckworth

Tammy Duckworth

Democratic Senator

Illinois

Cosponsors (3)
Sheldon Whitehouse (Democratic)Patty Murray (Democratic)Richard Blumenthal (Democratic)

Commerce, Science, and Transportation Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Mar 24, 2022
Introduced in Senate
Mar 24, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Apr 8, 2022

Latest Companion Bill Action

HR 117-7463
Referred to the Subcommittee on Consumer Protection and Commerce.
  • March 24, 2022
    Introduced in Senate


  • March 24, 2022
    Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • April 8, 2022

    Latest Companion Bill Action

    HR 117-7463
    Referred to the Subcommittee on Consumer Protection and Commerce.

Commerce

Related Bills

  • HR 117-7463: Gas Price Gouging Prevention Act
Civil actions and liabilityConsumer affairsCriminal investigation, prosecution, interrogationEnergy pricesEnergy storage, supplies, demandFraud offenses and financial crimesMotor fuelsOil and gasPresidents and presidential powers, Vice PresidentsRetail and wholesale tradesState and local government operations

Gas Price Gouging Prevention Act

USA117th CongressS-3920| Senate 
| Updated: 3/24/2022
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.
View Full Text

Suggested Questions

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

Timeline
Mar 24, 2022
Introduced in Senate
Mar 24, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Apr 8, 2022

Latest Companion Bill Action

HR 117-7463
Referred to the Subcommittee on Consumer Protection and Commerce.
  • March 24, 2022
    Introduced in Senate


  • March 24, 2022
    Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • April 8, 2022

    Latest Companion Bill Action

    HR 117-7463
    Referred to the Subcommittee on Consumer Protection and Commerce.
Tammy Duckworth

Tammy Duckworth

Democratic Senator

Illinois

Cosponsors (3)
Sheldon Whitehouse (Democratic)Patty Murray (Democratic)Richard Blumenthal (Democratic)

Commerce, Science, and Transportation Committee

Commerce

Related Bills

  • HR 117-7463: Gas Price Gouging Prevention Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer affairsCriminal investigation, prosecution, interrogationEnergy pricesEnergy storage, supplies, demandFraud offenses and financial crimesMotor fuelsOil and gasPresidents and presidential powers, Vice PresidentsRetail and wholesale tradesState and local government operations