H.R.5582 - National Emergency Anti-Profiteering Act of 1990101st Congress (1989-1990)
|Sponsor:||Rep. Durbin, Richard J. [D-IL-20] (Introduced 09/11/1990)|
|Committees:||House - Judiciary|
|Latest Action:||House - 10/02/1990 Referred to the Subcommittee on Criminal Justice. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: H.R.5582 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in House (09/11/1990)
National Emergency Anti-Profiteering Act of 1990 - Prohibits profiteering with respect to essential commodities following a presidential declaration of a national economic emergency. Establishes criminal penalties and civil remedies for such profiteering (including disgorgement of all profits earned).
Sets forth guidelines for the duration of a national economic emergency. Authorizes the Congress to terminate by passage of a joint resolution the designation of a national economic emergency or of the essential commodities with respect to which it exists. Provides for judicial review of the President's determination regarding either an emergency or essential commodities.