Loading chat...

MN HF844

Bill

Status

Engrossed

3/24/2021

Primary Sponsor

Zack Stephenson

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Prohibits sellers from charging unconscionably excessive prices for essential consumer goods and services (food, water, fuel, gasoline, shelter, transportation, health care, pharmaceuticals, and cleaning supplies) during abnormal market disruptions declared by the governor.

  • Defines "unconscionably excessive" as a gross disparity between a seller's pre-disruption price and post-disruption price that is not substantially related to increased costs, with price increases of 30 percent or less presumed reasonable.

  • Requires the governor's declaration of abnormal market disruption to specify activation of this section and the geographic area to which it applies, with the section terminating 30 days after the emergency ends.

  • Imposes civil penalties of up to $1,000 per sale or transaction, with a maximum of $10,000 per day for violations.

  • Authorizes the attorney general to investigate alleged violations under the authority provided in Minnesota Statutes section 8.31.

Legislative Description

Price gouging prohibited, and penalties prescribed.

Last Action

Motion did not prevail for urgency, rules suspension, pursuant to Article IV, Sec. 19

5/20/2022

Committee Referrals

Commerce and Consumer Protection Finance and Policy3/24/2021
Commerce Finance & Policy2/8/2021

Full Bill Text

No bill text available