This bill amends the Price Gouging Act of October 31, 2006, to expand the definitions and prohibitions related to price gouging during emergencies. Specifically, it revises the definition of "unconscionably excessive" to include price disparities during both state and local disaster emergencies. The bill clarifies that a price is considered unconscionably excessive if it represents a gross disparity compared to prices charged in the seven days prior to the emergency declaration.

Additionally, the bill outlines that during and within 30 days of the termination of a declared state or local disaster emergency, it is illegal for any party in the distribution chain to sell goods or services at unconscionably excessive prices. It establishes that a price exceeding 20% of the average price from the week before the emergency is prima facie evidence of price gouging. The bill also mandates that registered agents be notified of both state and local emergency declarations and cessations, with the responsibility for notification resting with the Governor or local governing body. Lack of notification will not serve as a defense against violations of the act.

Statutes/Laws affected:
Printer's No. 1753 (May 28, 2025): P.L.1210, No.133