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HB 1014 IN

Infant formula price gouging.

IN · session 2024 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 8, 2024

Latest action (Jan 8, 2024) Authored by Representative Bauer M

Summary

Defines "price gouging" to include charging a consumer an unconscionable amount for the sale of infant formula. Provides that price gouging occurs in the sale of infant formula if the price at which the infant formula is sold grossly exceeds the average price charged for infant formula of the same brand and type in retail establishments in Indiana on or about the date on which the infant formula is sold. Authorizes the attorney general to investigate complaints, seek injunctive relief, seek restitution for victims, and institute actions to collect civil penalties in cases of price gouging in the sale of infant formula. Provides that a court may assess a civil penalty of up to $1,000 for each transaction against a retailer found to have committed price gouging in the sale of infant formula.

Sponsor (1)

Action history (2)

  1. Jan 8, 2024 First reading: referred to Committee on Commerce, Small Business and Economic Development · lower
  2. Jan 8, 2024 Authored by Representative Bauer M · lower
Subjects
CHILDREN AND MINORS; GenerallySTATE ELECTED OFFICIALS; Attorney GeneralTRADE REGULATIONS; Generally

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · PDF

Full text

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