Substitute House Bill No. 6856 aims to enhance consumer protection against price gouging during emergencies by establishing stricter regulations and defining key terms such as "abnormal economic disruption," "consumer necessity," and "precipitating event." The bill mandates the University of Connecticut School of Business to conduct a study on vendors' practices regarding the reduction of consumer product quantities sold in Connecticut from May 1, 2005, to April 30, 2025, with a report due by October 1, 2025. It also repeals and replaces Section 42-230 of the general statutes, providing the Attorney General with the authority to issue notices regarding abnormal economic disruptions and to determine when such disruptions exist, ensuring transparency and accountability in the enforcement of these provisions.

Key changes include the broadening of the price gouging prohibition to encompass the entire distribution chain, including manufacturers and wholesalers, and the removal of language that previously allowed for normal price fluctuations during emergencies. The bill clarifies that any violation will be considered an unfair or deceptive trade practice, subjecting violators to fines, while eliminating a specific $99 fine related to violations. The Attorney General is granted exclusive enforcement authority, including the ability to conduct investigations and issue modification or extension notices, which must be posted online and filed with the Secretary of the State and a joint legislative committee. The effective date for some provisions is set for July 1, 2025, indicating a phased implementation of the new regulations.

Statutes affected:
Raised Bill: 42-230
GL Joint Favorable Substitute: 42-230
File No. 347: 42-230