Price Gouging Prevention Act of 2025
Price Gouging Prevention Act of 2025
Plain Language Summary
# Price Gouging Prevention Act of 2025 – Summary **What the Bill Would Do:** The Price Gouging Prevention Act of 2025 would establish federal rules to prohibit excessive price increases on essential goods and services during emergencies. While the bill's specific provisions aren't detailed in the available information, price gouging laws typically aim to prevent businesses from dramatically raising prices on necessities (like food, fuel, and medicine) when supply is disrupted or demand surges due to disasters, pandemics, or other crises. **Who It Affects:** This legislation would primarily impact businesses and retailers that sell essential goods, as well as consumers seeking to purchase these items during emergencies. The bill could also affect state governments, which currently have their own varying price gouging laws. **Current Status:** As of now, HR 4528 is in committee (HR 4528, 119th Congress), meaning it has been introduced but has not yet been voted on by the full House.
The bill was sponsored by Representative Janice Schakowsky (D-IL). For more specific details about the bill's provisions, penalties, and definitions of what constitutes "price gouging," you would need to review the full legislative text.
Latest Action
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.