H.R. 3808 · 109th Congress
Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NeySponsorNo cosponsors.
Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005 - Amends the federal criminal code to prohibit price gouging in a time and place of disaster (as declared by the President or the chief executive of a state).
What it does: CRS summary · Introduced in House · Sep 15, 2005
Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005 - Amends the federal criminal code to prohibit price gouging in a time and place of disaster (as declared by the President or the chief executive of a state). Defines "price gouging" as charging a grossly disproportionate price (25 percent higher than the average price during the 30 days immediately prior to the declared emergency).
Makes it a defense to such a prosecution that the increase in the amount charged is attributable to: (1) additional costs incurred in connection with the rental or sale of the commodity or rental or lease of any dwelling unit or self-storage facility; or (2) national or international market trends.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005
Latest action (Oct 17, 2005): Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Policy area: Crime and Law Enforcement · Origin: House · Introduced: Sep 15, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.