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MN HF844
Bill
Status
3/24/2021
Primary Sponsor
Zack Stephenson
Click for details
AI Summary
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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.
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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.
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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.
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Imposes civil penalties of up to $1,000 per sale or transaction, with a maximum of $10,000 per day for violations.
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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