assembly Bill A2621

2019-2020 Legislative Session

Relates to price gouging

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Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 04, 2019 reported referred to rules
May 30, 2019 reported referred to codes
Jan 24, 2019 referred to consumer affairs and protection

Co-Sponsors

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Multi-Sponsors

A2621 (ACTIVE) - Details

See Senate Version of this Bill:
S1642
Current Committee:
Assembly Rules
Law Section:
General Business Law
Laws Affected:
Amd §396-r, Gen Bus L
Versions Introduced in Other Legislative Sessions:
2009-2010: S4094
2011-2012: S2023
2013-2014: S238
2015-2016: A6032, S1122
2017-2018: A5249, S2034, S7028

A2621 (ACTIVE) - Summary

Relates to price gouging; imposes criminal penalties for price gouging; removes language relating to the declaration of a state of emergency; increases civil penalty (view more) authorizes a district attorney to enforce provisions.

A2621 (ACTIVE) - Bill Text download pdf


                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2621

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                            January 24, 2019
                               ___________

Introduced by M. of A. DINOWITZ, RICHARDSON, MOSLEY, COOK, GALEF, SIMON,
  ABINANTI, RIVERA, BLAKE, GOTTFRIED, SEAWRIGHT -- Multi-Sponsored by --
  M.  of A.  BRAUNSTEIN, ENGLEBRIGHT, GLICK, LIFTON, THIELE -- read once
  and referred to the Committee on Consumer Affairs and Protection

AN ACT to amend the general business law, in relation to price gouging

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  396-r of the general business law, as amended by
chapter 510 of the laws of 1998, subdivision 4 as amended by chapter 224
of the laws of 2008, is amended to read as follows:
  § 396-r. Price gouging. 1. Legislative findings and  declaration.  The
legislature  hereby  finds that during periods of abnormal disruption of
the market caused by strikes, power failures, severe shortages or  other
extraordinary  adverse  circumstances,  some parties within the chain of
distribution of consumer goods have taken unfair advantage of  consumers
by  charging  grossly  excessive prices for essential consumer goods and
services.
  In order to prevent any party within the chain of distribution of  any
consumer goods from taking unfair advantage of consumers during abnormal
disruptions  of  the  market,  the  legislature declares that the public
interest requires that such conduct be prohibited and  made  subject  to
civil AND CRIMINAL penalties.
  2. During any abnormal disruption of the market for consumer goods and
services  vital  and  necessary  for  the  health, safety and welfare of
consumers, no party within the chain of distribution  of  such  consumer
goods  or services or both shall sell or offer to sell any such goods or
services or both for an amount which represents an unconscionably exces-
sive  price.  For  purposes  of  this  section,  the  phrase   "abnormal
disruption  of  the market" shall mean any change in the market, whether
actual or imminently  threatened,  resulting  from  stress  of  weather,
convulsion  of  nature,  failure  or shortage of electric power or other

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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