Bill > AB44

This bill amends the Nevada Unfair Trade Practice Act to prohibit manipulating the prices of essential goods and services in the state. The bill defines "essential good or service" as items needed daily for a person's livelihood, including food, clothing, gasoline, medical products, housing, utilities, transportation, telecommunications, and internet access. Under the new provisions, price manipulation occurs when a person knowingly engages in deceptive trade practices with the intent to mislead consumers or manipulate the market, causing prices to increase in a way that does not reflect normal supply and demand. Specifically, this means a price increase over a one-year period that exceeds the average 5-year percentage change for that category of good or service, as tracked by the Bureau of Economic Analysis. The bill includes several exceptions, such as prices regulated by government agencies, transportation network companies, and resort hotels. Importantly, the bill does not create a private right of action, meaning individuals cannot sue directly for price manipulation, but the Attorney General can investigate and potentially prosecute violations. The legislation aims to protect consumers from artificially inflated prices for goods and services essential to daily life, while still allowing for legitimate market fluctuations and promotional pricing.

Business and Industry

Commerce and Labor (Assembly)

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/11833/Overview