H.R. 6264 · 116th Congress
Preventing Pandemic Profiting Act
- Stage
- In committee
- Sponsor
- Jason Smith
- Introduced
- 2020-03-12
- Latest action
- 2020-03-12 · Introduced in House
Summary
Preventing Pandemic Profiting Act
This bill creates a new criminal offense for price gouging during a state of emergency.
Specifically, in a location that has received a state of emergency declaration, the bill prohibits the sale of certain goods or services—those vital and necessary for consumer health, safety, and welfare—at an unconscionably excessive price (e.g., a price higher than the average price during the 30-day period before the emergency declaration was made).
A violator is subject to fine, a prison term of up to five years, or both.