Price gouging: state of emergency.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Vetoed
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill aims to prevent price gouging during declared states of emergency or local emergencies in California. It expands existing laws to make it unlawful for businesses to significantly increase prices on essential goods and services like food, medical supplies, and housing. The bill also requires housing listing platforms to remove price gouging listings and establish policies to prevent it, and it clarifies the definition of ‘housing’ for these purposes. Furthermore, it strengthens penalties for violations and addresses potential conflicts with local rent control ordinances.
Key provisions
- Makes it unlawful to price gouge during state or local emergencies for essential goods and services.
- Requires housing listing platforms to remove price gouging listings and implement preventative policies.
- Clarifies the definition of ‘housing’ for the purposes of price gouging regulations.
- Increases civil penalties for price gouging violations to $2,500 per violation.
- Applies existing consumer protection laws to individuals displaced due to emergencies.
- Requires the Governor to terminate extensions of price gouging prohibitions by concurrent resolution of the Legislature.
- Addresses potential conflicts with local rent control ordinances.
- Defines ‘state of emergency’ and ‘local emergency’ for clarity.
Who is affected
- Consumers
- Businesses
- Housing Providers
- Landlords
Bill text
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