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AL SB62
Bill
AI Summary
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Amends Alabama Code Sections 8-31-3 and 8-31-4 to authorize the Governor or Legislature to specify affected areas and time periods for unconscionable pricing prohibitions during declared states of emergency.
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Makes it unlawful to impose unconscionable prices for commodities or rental facilities during a declared state of emergency in areas and time periods specified in a gubernatorial proclamation or legislative joint resolution.
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Establishes prima facie evidence of unconscionable pricing when a price exceeds the average price from the prior 30 days by 25 percent or more, unless the increase is attributable to reasonable costs incurred in the rental or sale.
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Defines "affected area" as any area specified in a gubernatorial proclamation or legislative joint resolution issued under Code Section 31-9-8(a).
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Becomes effective on the first day of the third month following passage and approval by the Governor, or upon becoming law.
Legislative Description
Related to the Alabama Unconscionable Pricing Act; to amend Sections 8-31-3 and 8-31-4, Code of Alabama 1975 to authorize the Governor or the Legislature to specify the affected areas and time periods to which the prohibition against imposition of unconscionable pricing would apply.
Last Action
Enacted
4/27/2023