US Congress House Bill 7277 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on June 18 2020 - 25% progression, died in committee
Action: 2020-06-18 - Referred to the House Committee on Energy and Commerce.
Pending: House Energy And Commerce Committee
Text: Latest bill text (Introduced) [PDF]

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.

Unconscionable Pricing Act

Rep. Jackie Speier [D-CA]	Rep. Steve Cohen [D-TN]	Rep. Sheila Jackson-Lee [D-TX]	Rep. Grace Meng [D-NY]
Rep. Mary Gay Scanlon [D-PA]	Rep. Andre Carson [D-IN]	Rep. Bennie Thompson [D-MS]	Rep. Judy Chu [D-CA]

Date	Chamber	Action
2020-06-18	House	Referred to the House Committee on Energy and Commerce.
2020-06-18	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/7277/all-info
Text	https://www.congress.gov/116/bills/hr7277/BILLS-116hr7277ih.pdf