Senate Bill 3853
116th Congress(2019-2020)
Price Gouging Prevention Act
Introduced
Introduced in Senate on Jun 1, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3853
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Price Gouging Prevention Act
This bill makes it unlawful for any person to sell or offer for sale a consumer good during a public health emergency at an excessive or opportunistic price. Specifically, consumer goods include those deemed vital and necessary by public health officials for the health, safety, and welfare of consumers during an emergency or disaster (e.g., food, water, medications, and personal protective equipment). The price of these goods is presumptively excessive or oppressive during such an emergency or disaster if the sale price exceeds by more than 10% the average price of such good during the 120-day period preceding the emergency or disaster.
June 1, 2020
06/01/2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
06/01/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:19 PM