HB 2383
An Act amending the act of October 31, 2006 (P.L.1210, No.133), known as the Price Gouging Act, further providing for definitions; and providing for petroleum product price gouging prohibited.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends Pennsylvania’s Price Gouging Act to specifically prohibit price gouging for petroleum products during a ‘market emergency.’ It defines ‘market emergency’ as disruptions in the petroleum market caused by events like severe weather or supply shortages. The bill also establishes a process for the Governor to declare a market emergency and sets a limit of one price increase within a 24-hour period for petroleum-related businesses.
Key provisions
- Defines ‘market emergency’ as disruptions in the petroleum market.
- Prohibits petroleum-related businesses from increasing prices more than once in 24 hours during a market emergency.
- Allows the Governor to declare and extend market emergencies.
- Establishes that a price increase during a market emergency is considered ‘unconscionably excessive.’
- Adds definitions of ‘Market Emergency,’ ‘Petroleum Product,’ and ‘Petroleum-related Business’ to the Price Gouging Act.
- Specifies that a ‘Market Emergency’ can last up to 30 days, extendable by the Governor for additional 30-day periods.
Who is affected
- Petroleum-related businesses (producers, suppliers, wholesalers, distributors, and retailers)
- Consumers of petroleum products (gasoline, heating fuel)
- The Governor (responsible for declaring market emergencies)
Notable changes
- Adds specific protections against price gouging for petroleum products.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Benjamin Sanchez
Darisha K. Parker
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