Arizona SB1322 regulates prices during market disruptions for essential goods and services.
Arizona SB1322 amends the state's trade practices to regulate prices during abnormal market disruptions for essential goods and services. It prohibits sellers from charging more than 15% above the price set 60 days before the disruption. Affected goods include food, water, diapers, feminine hygiene products, prescription drugs, electricity, natural gas, propane, gasoline, and telephone and broadband services. Sellers found in violation may face civil penalties, with higher penalties for buyers aged 60 and older.
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