H.R. 6450 · 116th Congress
Price Gouging Prevention Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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NeguseSponsor10 cosponsors · 10 D
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Lieu
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Doggett
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Jackson Lee
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Escobar
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Raskin
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Thompson
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Norton
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Napolitano0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Apr 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Price Gouging Prevention Act
Latest action (Apr 3, 2020): Referred to the House Committee on Energy and Commerce.
Policy area: Commerce · Origin: House · Introduced: Apr 3, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.