US HB2129 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 40-2)
Status: Introduced on April 27 2009 - 25% progression, died in chamber
Action: 2009-06-04 - Referred to the Subcommittee on Healthy Families and Communities.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 27 2009 - 25% progression, died in chamber
Action: 2009-06-04 - Referred to the Subcommittee on Healthy Families and Communities.
Text: Latest bill text (Introduced) [PDF]
Summary
Federal Price Gouging Prevention Act - Makes it unlawful, during a period proclaimed by the President as an energy emergency, to sell gasoline or any other petroleum distillate at a price that: (1) is unconscionably excessive; or (2) indicates the seller is taking unfair advantage of the circumstances of an emergency to increase prices unreasonably. Authorizes the President to issue an energy emergency proclamation of up to 30 days, with renewals allowed, and to cite the geographic area, gasoline or other petroleum distillate, and time period covered. Authorizes a proclamation to include a period of up to one week preceding a reasonably foreseeable emergency. Exempts from this Act a sale of gasoline or other petroleum distillate transaction on a futures market. Empowers the Federal Trade Commission (FTC) and state attorneys general to enforce this Act. Prescribes civil and criminal penalties for violations, but limits the criminal penalty to criminal actions brought by the Department of Justice (DOJ). Allows a state to bring a civil action to enforce this Act or to impose civil penalties. Requires deposit of fines and penalties collected under this Act in a separate Consumer Relief Trust Fund in the Treasury to provide assistance under the Low Income Home Energy Assistance (LIHEAP) Program. Declares that nothing in this Act preempts state law.
Title
Federal Price Gouging Prevention Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2009-06-04 | Referred to the Subcommittee on Healthy Families and Communities. | |
2009-04-28 | Referred to the Subcommittee on Energy and Environment. | |
2009-04-28 | Referred to the Subcommittee on Commerce, Trade and Consumer Protection. | |
2009-04-27 | Referred to House Education and Labor | |
2009-04-27 | Referred to House Energy and Commerce | |
2009-04-27 | Referred to the Committee on Energy and Commerce, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
Subjects
Civil actions and liability
Consumer affairs
Energy
Energy assistance for the poor and aged
Energy prices
Government trust funds
Oil and gas
War and emergency powers
Consumer affairs
Energy
Energy assistance for the poor and aged
Energy prices
Government trust funds
Oil and gas
War and emergency powers
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/house-bill/2129/all-info |
Text | https://www.congress.gov/111/bills/hr2129/BILLS-111hr2129ih.pdf |