Pennsylvania HB1496 amends the Price Gouging Act to redefine "unconscionably excessive" prices during disaster emergencies.

HB1496 amends the Price Gouging Act in Pennsylvania to redefine "unconscionably excessive" prices during disaster emergencies. A price is considered unconscionably excessive if it represents a gross disparity compared to prices within the last seven days before the emergency. Specifically, it is a violation if a price exceeds 20% of the average price for similar goods or services in the affected area during that period. The bill also mandates that trade associations, corporations, and other entities cannot use lack of notification as a defense against violations.

Pennsylvania HB1496 amends the Price Gouging Act to redefine "unconscionably excessive" prices during disaster emergencies.

HB1496 amends the Price Gouging Act in Pennsylvania to redefine "unconscionably excessive" prices during disaster emergencies. A price is considered unconscionably excessive if it represents a gross disparity compared to prices within the last seven days before the emergency. Specifically, it is a violation if a price exceeds 20% of the average price for similar goods or services in the affected area during that period. The bill also mandates that trade associations, corporations, and other entities cannot use lack of notification as a defense against violations.