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H.R.6450 / 116th Congress

Price Gouging Prevention Act

Referred to the House Committee on Energy and Commerce.

Official summary

Version 00 · Introduced in House · Apr 3, 2020

Price Gouging Prevention Act

This bill makes it unlawful for any person to sell, or offer for sale, a consumer good during a federally-declared emergency at a price that (1) exceeds 10% of the price charged by similarly-situated sellers of such good during the 120 days before the emergency was declared. However, such a price increase may not be a violation if the increase is (1) attributable to additional costs incurred by the seller to provide the consumer good, or (2) is not more than 10% greater than a combination of the total cost incurred by the seller and the customary price markup of the good. The bill grants the Federal Trade Commission and state attorneys general the authority to enforce compliance with the requirements of this bill.

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Who introduced it

Rep. Neguse, Joe [D-CO-2] · D–CO

Committees

  • Energy and Commerce Committee
10 cosponsorship records, including any withdrawals

Actions

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

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.

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Analyze H.R.6450 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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