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NJ A2615

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Carmen Morales

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Prohibits wholesale dealers from engaging in price gouging when selling physical goods to retailers and other resellers in New Jersey
  • Defines price gouging as unconscionably raising prices in a manner not justified by inflation, abnormal market disruptions, or natural supply and demand fluctuations
  • Covers physical goods including beverages, foodstuffs, medical supplies, and other consumer products used primarily for personal, family, or household purposes
  • Violations constitute unlawful practices under the Consumer Fraud Act, with penalties up to $10,000 for first offense and $20,000 for subsequent offenses, plus potential treble damages and punitive damages
  • Takes effect seven months after enactment, with the Division of Consumer Affairs responsible for implementing regulations

Legislative Description

Prohibits wholesale dealers from price gouging sale of physical goods.

Consumer Affairs

Last Action

Introduced, Referred to Assembly Consumer Affairs Committee

1/13/2026

Committee Referrals

Consumer Affairs1/13/2026

Full Bill Text

No bill text available