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DE SB253
Bill
AI Summary
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Establishes price gouging protections during the COVID-19 recovery period, defined as 61 days following termination of the COVID-19 state of emergency.
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Prohibits entities from engaging in price gouging, defined as price increases exceeding 10% above pre-emergency baseline prices, unless increases are attributable to additional costs on the seller.
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Creates prima facie evidence of price gouging when prices increase more than 10% without corresponding increases in seller costs.
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Allows the Governor to issue orders modifying protections to be less restrictive or suspending them based on market conditions, while maintaining statutory protections as the ceiling for enforcement.
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Sunset provision terminates Sections 1 and 2 on the 61st day following COVID-19 state of emergency termination, though Section 3 allows continued enforcement of violations occurring during the protection period.
Legislative Description
An Act To Amend Title 6 Of The Delaware Code Relating To Price Protections During The Covid-19 Recovery Period.
Last Action
Signed by Governor
7/23/2020