To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Healthcare, Energy.
Who Benefits and How
importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H4C14C8E0915C4E45933DD97E15D6B1C1: 1. Short title; table of contents This Act may be cited as the Price Gouging Prevention Act of 2024. The table of contents for this Act is as follows:
- Section H95CB467EFA9E4F049022B374D9B2C597: 2. Definitions In this Act: The term Commission means the Federal Trade Commission. The term critical trading partner means a person that has the ability to...
- Section H1D39E4ED4E764A69BE1C487B8B9C72A9: 3. Prevention of price gouging It shall be unlawful for a person to sell or offer for sale a good or service at a grossly excessive price, regardless of the...
- Section HC146D2B920234F74B68B78564ACB2D82: 4. Disclosures in SEC filings In this section: The term covered issuer means an issuer that— has a covered quarter; and in the quarter following the covered...
- Section H50C83FD9FCEB449EB8FBE77E3CA975C0: 5. Funding In addition to amounts otherwise available, there is appropriated to the Commission for fiscal year 2024, out of any money in the Treasury not...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Key Policy Areas
Trade, Healthcare, Energy
Primary Purpose
This bill, To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Policy Domains
Whole bill
Identified Gains
- importers, exporters, and commercial firms
Identified Costs
- federal implementing agencies
- importers, exporters, and commercial firms
Sponsors
Legislative Progress
IntroducedMs. Schakowsky (for herself, Mr. Nadler, Mr. Khanna, Ms. Porter, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
an issuer that— has a covered quarter
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology