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MI SB0847
Bill
AI Summary
Senate Bill 847 Summary
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Prohibits charging excessively increased prices (more than 10% above pre-emergency levels) for building materials, food, emergency supplies, medical supplies, goods, and services during a declared state of emergency, unless the increase is attributable to increased cost of bringing items to market.
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Defines "state of emergency" to include natural disasters, acts of war, terrorism threats, severe weather warnings, federal public emergencies, and gubernatorial emergency declarations.
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Authorizes the Attorney General to bring class actions on behalf of injured persons for actual damages or $100, whichever is greater, and to seek injunctive relief and civil penalties up to $10,000 per violation for individuals or $1,000,000 for other persons.
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Makes violations a misdemeanor punishable by up to 2 years imprisonment and up to $10,000 fine for individuals, or up to $1,000,000 fine for other persons.
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Grants the Attorney General and prosecuting attorneys investigative powers including authority to issue demands for testimony and documents, with court enforcement mechanisms.
Legislative Description
Trade: business practices; excessively increased pricing for certain goods and services during a declared state of emergency; prohibit. Creates new act.
Trade: consumer goods and services
Last Action
Referred To Committee On Economic And Small Business Development
3/17/2020