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DE SB253

Bill

Status

Passed

7/23/2020

Primary Sponsor

Bruce Ennis

Click for details

Origin

Senate

150th General Assembly

AI Summary

  • Establishes price gouging protections during the COVID-19 recovery period, defined as 61 days following termination of the COVID-19 state of emergency.

  • 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.

  • Creates prima facie evidence of price gouging when prices increase more than 10% without corresponding increases in seller costs.

  • 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.

  • 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

Committee Referrals

Economic Development/Banking/Insurance & Commerce6/23/2020

Full Bill Text

No bill text available