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.
Referred to the House Committee on Energy and Commerce.
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.
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