H.R.6264 - Preventing Pandemic Profiting Act116th Congress (2019-2020) |
|Sponsor:||Rep. Smith, Jason [R-MO-8] (Introduced 03/12/2020)|
|Committees:||House - Judiciary|
|Latest Action:||House - 03/12/2020 Referred to the House Committee on the Judiciary. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.6264 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (03/12/2020)
Preventing Pandemic Profiting Act
This bill creates a new criminal offense for price gouging during a state of emergency.
Specifically, in a location that has received a state of emergency declaration, the bill prohibits the sale of certain goods or services—those vital and necessary for consumer health, safety, and welfare—at an unconscionably excessive price (e.g., a price higher than the average price during the 30-day period before the emergency declaration was made).
A violator is subject to fine, a prison term of up to five years, or both.