Bill > HB6305

This bill, the "Energy Pricing Protection Act," prohibits businesses in the energy product or service supply chain from charging excessively increased prices during or after a market disruption. It defines a "market disruption" as an event like a weather emergency, supply shortage, or other abnormal condition that affects the energy market. The bill empowers the state Attorney General and local prosecutors to investigate potential violations, issue subpoenas, and bring civil and criminal enforcement actions. It allows the Attorney General to seek actual damages, injunctions, and civil penalties of up to $10,000 per violation for individuals and $1 million per violation for businesses. The bill also preserves the state's ability to enforce the Michigan Consumer Protection Act and other laws against abusive pricing practices.