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Bill > HB1577


PA HB1577

PA HB1577
Further providing for definitions, for price gouging prohibited and for investigation.


summary

Introduced
06/08/2021
In Committee
09/15/2021
Crossed Over
Passed
Dead
11/30/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

An Act amending the act of October 31, 2006 (P.L.1210, No.133), known as the Price Gouging Act, further providing for definitions, for price gouging prohibited and for investigation.

AI Summary

This bill amends the Price Gouging Act to further define "unconscionably excessive" prices and clarify the investigation and enforcement provisions. The bill provides that whether a price is "unconscionably excessive" is a question of law, and sets forth specific factors the court must consider, such as whether the price substantially exceeds prevailing market prices or the seller's own pre-emergency price. The bill also grants the Attorney General authority to impose civil penalties up to $10,000 for each willful violation, with a cap of $25,000 per 24-hour period, and clarifies that this is the sole penalty for violations of the Act.

Committee Categories

Military Affairs and Security

Sponsors (18)

Last Action

Removed from table (on 11/18/2022)

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