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S.94 - Gasoline Consumer Anti-price-gouging Protection Act

A bill to protect the welfare of consumers by prohibiting price gouging by merchants with respect to gasoline or petroleum distillates during certain abnormal market disruptions. view all titles (2)

All Bill Titles

  • Short: Gasoline Consumer Anti-price-gouging Protection Act as introduced.
  • Official: A bill to protect the welfare of consumers by prohibiting price gouging by merchants with respect to gasoline or petroleum distillates during certain abnormal market disruptions. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
01/04/07
 
 
 
 
 
 
 

Official Summary

Gasoline Consumer Anti-price-gouging Protection Act - Makes it unlawful for any supplier to increase the price for gasoline or petroleum distillates in an area covered by: (1) an emergency proclamation issued by the President that an abnormal market has or is expected to occur; or (2) a Fed

Official Summary

Gasoline Consumer Anti-price-gouging Protection Act - Makes it unlawful for any supplier to increase the price for gasoline or petroleum distillates in an area covered by:
(1) an emergency proclamation issued by the President that an abnormal market has or is expected to occur; or
(2) a Federal Trade Commission (FTC) emergency order that an abnormal market disruption affecting more than one state has or is expected to occur. Makes such prohibition inapplicable to justifiable increases. Authorizes the President or FTC to issue such proclamations or orders. Provides:
(1) prohibition enforcement through the FTC; and
(2) civil and criminal penalties for violations.

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