H.R. 3705 · 109th Congress
Protection Against Gouging Activities Act
- Stage
- In committee
- Sponsor
- Jim Gerlach
- Introduced
- 2005-09-08
- Latest action
- 2005-09-19 · Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Summary
Protection Against Gouging Activities Act - Amends the federal criminal code to prohibit price gouging during a period of national emergency. Defines: (1) "price gouging" as selling or renting any product, service, dwelling, or facility at a price that grossly exceeds the average price at which it was obtainable in the same area during the 30-day period immediately proceeding the national emergency, where the increase is not attributable to any reasonable attendant business risk resulting from the emergency or is not consistent with market trends; and (2) "period of national emergency" as the 90 days immediately following the declaration of an emergency or major disaster.