Unconscionable Pricing Act

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 provides authority for the Federal Trade Commission and state attorneys general to enforce the requirements of this bill.

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Timeline

1. 2 February 2021

   Introduced

   Referred to the House Committee on Energy and Commerce.

   Source: IntroReferral

2. 2 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

4. 3 February 2021

   Referred

   Referred to the Subcommittee on Consumer Protection and Commerce.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 2 February 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 2 February 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 2 February 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 February 2021

  Open at official source

Sponsors

• Jackie Speier · D · Sponsor
• Rep. Cohen, Steve [D-TN-9] · D · Sponsor
• Sheila Jackson Lee · D · Sponsor
• Mondaire Jones · D · Sponsor
• Rep. Scanlon, Mary Gay [D-PA-5] · D · Sponsor
• Rep. Carson, André [D-IN-7] · D · Sponsor
• ALCEE HASTINGS · D · Cosponsor
• Bennie Thompson · D · Cosponsor
• · hsif00 · Standing

Related records

• related to ← Unconscionable Pricing Act