Legis Daily

Unconscionable Pricing Act

USA117th CongressHR-732| House 
| Updated: 2/3/2021
Jackie Speier

Jackie Speier

Democratic Representative

California

Cosponsors (7)
Sheila Jackson Lee (Democratic)Mondaire Jones (Democratic)Steve Cohen (Democratic)André Carson (Democratic)Mary Gay Scanlon (Democratic)Bennie G. Thompson (Democratic)Alcee L. Hastings (Democratic)

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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 provides authority for the Federal Trade Commission and state attorneys general to enforce the requirements of this bill.
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Timeline

Bill from Previous Congress

HR 116-7277
Unconscionable Pricing Act
Feb 2, 2021
Introduced in House
Feb 2, 2021
Referred to the House Committee on Energy and Commerce.
Feb 3, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • Bill from Previous Congress

    HR 116-7277
    Unconscionable Pricing Act


  • February 2, 2021
    Introduced in House


  • February 2, 2021
    Referred to the House Committee on Energy and Commerce.


  • February 3, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.

Commerce

Civil actions and liabilityConsumer affairsDisaster relief and insuranceEmergency medical services and trauma careInflation and pricesPublic contracts and procurementRetail and wholesale tradesState and local government operations

Unconscionable Pricing Act

USA117th CongressHR-732| House 
| Updated: 2/3/2021
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 provides authority for the Federal Trade Commission and state attorneys general to enforce the requirements of this bill.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7277
Unconscionable Pricing Act
Feb 2, 2021
Introduced in House
Feb 2, 2021
Referred to the House Committee on Energy and Commerce.
Feb 3, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • Bill from Previous Congress

    HR 116-7277
    Unconscionable Pricing Act


  • February 2, 2021
    Introduced in House


  • February 2, 2021
    Referred to the House Committee on Energy and Commerce.


  • February 3, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.
Jackie Speier

Jackie Speier

Democratic Representative

California

Cosponsors (7)
Sheila Jackson Lee (Democratic)Mondaire Jones (Democratic)Steve Cohen (Democratic)André Carson (Democratic)Mary Gay Scanlon (Democratic)Bennie G. Thompson (Democratic)Alcee L. Hastings (Democratic)

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer affairsDisaster relief and insuranceEmergency medical services and trauma careInflation and pricesPublic contracts and procurementRetail and wholesale tradesState and local government operations