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116-hr-7277116th Congress

Unconscionable Pricing Act

Sponsored By: Representative Speier, Jackie [D-CA-14]

Unknown

Summary

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 grants the Federal Trade Commission and state attorneys general the authority to enforce compliance with the requirements of this bill.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Speier, Jackie [D-CA-14]

CA • D

Cosponsors

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 6/18/2020

  • Rep. Jackson Lee, Sheila [D-TX-18]

    TX • D

    Sponsored 6/18/2020

  • Rep. Meng, Grace [D-NY-6]

    NY • D

    Sponsored 6/18/2020

  • Rep. Scanlon, Mary Gay [D-PA-5]

    PA • D

    Sponsored 6/22/2020

  • Rep. Carson, André [D-IN-7]

    IN • D

    Sponsored 10/6/2020

  • Rep. Thompson, Bennie G. [D-MS-2]

    MS • D

    Sponsored 10/20/2020

  • Rep. Chu, Judy [D-CA-28]

    CA • D

    Sponsored 10/20/2020

Roll Call Votes

No roll call votes available for this bill.

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