118th Congress Commerce
S. 355: Federal Price Gouging Prevention Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
Federal Price Gouging Prevention Act
This bill prohibits any person from selling, during a proclaimed domestic or international crisis affecting the oil markets, gasoline at a price that (1) is unconscionably excessive, and (2) indicates that the seller is taking unfair advantage of the crisis to increase prices unreasonably. The President may issue a proclamation of such a crisis that specifies the geographic area covered and how long the proclamation applies.
The bill provides for enforcement by the Federal Trade Commission and imposes enhanced civil penalties and criminal fines. It also authorizes state attorneys general to bring a civil action to enforce the prohibitions of this bill.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Richard Blumenthal D-CTOriginal
- Patty Murray D-WAOriginal
- Elizabeth Warren D-MAOriginal
Who scored on this bill
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History
- Introduced in the Senate by Tammy Duckworth.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Commerce, Science, and Transportation.