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Bill > S243


MA S243

Relative to preventing price gouging during an emergency


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to preventing price gouging during an emergency. Consumer Protection and Professional Licensure.

AI Summary

This bill aims to prevent price gouging during emergencies. It establishes that it is an unfair or deceptive practice for any petroleum-related business to sell a petroleum product at an unconscionably high price during a market emergency or declared statewide emergency. It also prohibits any business at any point in the supply chain from selling necessary goods or services to consumers or other businesses at an unconscionably high price during a declared statewide or national emergency. An "unconscionably high price" is defined as a gross disparity between the current price and the pre-emergency price or the readily available price from other businesses, not substantially due to increased supplier prices or costs from market disruption.

Committee Categories

Labor and Employment

Sponsors (8)

Last Action

Accompanied a study order, see S2666 (on 02/07/2022)

bill text


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