Bill > SB1932

This bill amends the Consumer Fraud and Deceptive Business Practices Act to add provisions protecting consumers from price gouging during declared disasters. The bill defines specific categories of goods and services, including emergency supplies, medical supplies, building materials, and repair services, and makes it unlawful to sell these items at "unconscionably high" prices for 45 days after a disaster is declared by the President or Governor. An unconscionably high price is defined as a significant price increase that is not directly attributable to increased supplier costs, labor, or material expenses. The bill establishes a rebuttable presumption that a price increase of 20% or more is unconscionable if it cannot be justified by additional costs. Notably, the law does not apply to petroleum product sales. The legislation aims to prevent businesses from taking advantage of consumers during emergency situations by dramatically raising prices for essential goods and services, providing legal protection for consumers during vulnerable periods following a disaster declaration.

Justice

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1932&GAID=18&DocTypeID=SB&SessionID=114&GA=104