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Bill > HR6472


US HR6472

COVID–19 Price Gouging Prevention Act


summary

Introduced
04/07/2020
In Committee
04/07/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To prohibit price gouging in connection with the public health emergency resulting from COVID-19, and for other purposes. This bill makes it unlawful for any person to sell or offer for sale a consumer good or service during a public health emergency resulting from COVID-19 (i.e., coronavirus disease 2019) at a price that (1) is unconscionably excessive, and (2) indicates that the seller is using the circumstances related to the public health emergency to increase prices unreasonably.

AI Summary

This bill, the COVID-19 Price Gouging Prevention Act, makes it unlawful for any person to sell or offer for sale a consumer good or service at a price that is unconscionably excessive and indicates the seller is using the circumstances related to the COVID-19 public health emergency to increase prices unreasonably. The bill authorizes the Federal Trade Commission (FTC) to enforce these provisions and allows state attorneys general to bring civil actions to enjoin further violations, enforce compliance, and obtain civil penalties, damages, restitution, or other compensation on behalf of state residents. The bill defines key terms like "good or service" and specifies that it does not preempt or affect any state or local laws.

Committee Categories

Business and Industry

Sponsors (32)

Last Action

Referred to the House Committee on Energy and Commerce. (on 04/07/2020)

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