Bill > SB1188

This bill establishes price regulation during abnormal market disruptions in Arizona, prohibiting sellers from increasing prices by 25% or more on goods and services necessary for public health, safety, and welfare during a state of emergency. An "abnormal disruption of the market" is defined as a significant change caused by events like natural disasters, power failures, strikes, civil unrest, war, or other emergencies that prompt the governor to declare a state of emergency. The law applies to all participants in the supply chain, including manufacturers, suppliers, wholesalers, distributors, and retailers. Violations of this law are classified as misdemeanors, with intentional violations considered more serious (a class 1 misdemeanor instead of a class 2 misdemeanor), and each violation and each day the violation continues can be treated as a separate offense. The attorney general is responsible for enforcing this new regulation, which aims to protect consumers from price gouging during times of crisis by limiting excessive price increases on essential goods and services.

Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/82510