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MS SB2791

Bill

Status

Failed

3/3/2020

Primary Sponsor

Joey Fillingane

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Authorizes the Governor to declare an "abnormal economic disruption" as part of emergency powers when a natural or manmade disaster occurs, including terrorist attacks, wars, strikes, civil disturbances, tornadoes, earthquakes, floods, and fires.

  • Prohibits persons from charging prices grossly in excess of ordinary prices for specified goods and services during an abnormal economic disruption, including consumer food, repair and construction services, emergency supplies, medical supplies, building materials, gasoline, transportation and storage services, and housing.

  • Limits abnormal economic disruption declarations to a maximum of 15 calendar days unless extended by subsequent proclamation, and allows the Governor to specify which goods or services are covered by the price restriction.

  • Establishes exceptions to price restrictions for increases directly attributable to commodity market price changes, preexisting agreements, supplier cost increases, or additional labor, services, and material costs.

  • Imposes criminal penalties for violations: felony (1-5 years imprisonment or up to $5,000 fine) if total value received during 24 hours is $500 or more; misdemeanor (up to 6 months jail or $1,000 fine) if less than $500.

Legislative Description

Abnormal economic disruption; include in emergency powers of the Governor and provide restrictions on certain prices.

Last Action

Died In Committee

3/3/2020

Committee Referrals

Accountability, Efficiency, Transparency2/17/2020

Full Bill Text

No bill text available