Unconscionable Pricing Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 18, 2020)
Unconscionable Pricing Act
This bill makes it unlawful for any person to sell, rent, or lease an emergency supply at an unconscionable price during a federally-declared emergency. A price is unconscionable if (1) it exceeds 10% of the average price for the same or similar emergency supply during the 30 days before the emergency was declared, and (2) such price increase is not related to the reasonable costs incurred to sell or rent the supply.
The bill grants the Federal Trade Commission and state attorneys general the authority to enforce compliance with the requirements of this bill.
What just happenedJun 18, 2020
Referred to the House Committee on Energy and Commerce.
Who’s behind it
- Introduced in HouseJun 18, 2020
- Jun 18, 2020IntroReferralH11100
Referred to the House Committee on Energy and Commerce.
Energy and Commerce Committee - Jun 18, 2020IntroReferralIntro-H
Introduced in House
- Jun 18, 2020IntroReferral1000
Introduced in House