MI HB5895

Prohibits charging excessively increased prices (more than 20% above pre-emergency levels) for building materials, consumer food items, emergency supplies, and medical supplies during declared states of emergency, unless the increase is attributable to increased costs of bringing items to market, extraordinary pre-emergency discounts, or markup at or below retailer cost.

Allows the Attorney General to bring class action lawsuits for actual damages or $100 per person (whichever is greater) and authorizes civil penalties of up to $10,000 per violation for individuals and $1,000,000 per violation for other entities.

Authorizes the Attorney General and local prosecuting attorneys to demand testimony, documents, and tangible objects from individuals under investigation for violations, with court enforcement available for non-compliance.

Establishes misdemeanor criminal penalties of up to 1 year imprisonment or $10,000 fine for individuals and up to $1,000,000 fine for other entities that intentionally violate pricing restrictions.

Permits the Attorney General to reduce the restricted pricing time period if market conditions return to pre-emergency levels and does not limit the Attorney General's authority under the Michigan Consumer Protection Act or other state laws.