Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Sep 15, 2005
Prohibiting Reprehensible Increases in Costs of Essentials (PRICE) Act of 2005 - Amends the federal criminal code to prohibit price gouging in a time and place of disaster (as declared by the President or the chief executive of a state). Defines "price gouging" as charging a grossly disproportionate price (25 percent higher than the average price during the 30 days immediately prior to the declared emergency).
Makes it a defense to such a prosecution that the increase in the amount charged is attributable to: (1) additional costs incurred in connection with the rental or sale of the commodity or rental or lease of any dwelling unit or self-storage facility; or (2) national or international market trends.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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