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- H.R.7277
H.R.7277: Unconscionable Pricing Act
About This Bill
- Introduced June 18, 2020
- Latest Major Action June 18, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Version
- Introduced in House - June 18, 2020
Bill 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....
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 18, 2020 |
Referred to the House Committee on Energy and Commerce.
|
| June 18, 2020 |
Introduced in the House by Jackie Speier (D-Calif.) |