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United States · Bill · HR

H.R. 7277 (116th)

Unconscionable Pricing Act

referredUnited States· United States Congress· EN

Introduced

18 June 2020

Last action

Status

Referred to the House Committee on Energy and Commerce.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

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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Documents

3 official files

Introduced in House (text)

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