Plain English Breakdown
The effective date is not listed in the provided official material; only legislative passage status is confirmed.
HB2301: Price Limits During Emergencies
This law makes it illegal to charge more than a set amount for essential items during a state of emergency and sets criminal penalties for breaking this rule.
What This Bill Does
- Defines 'commodity' as goods, services, materials, merchandise, supplies, equipment, resources, food, water, ice, electricity, building materials, petroleum products, medical supplies, rent, or other commerce-related items.
- Bans selling necessary commodities at prices that are ten percent higher than the highest price charged during the thirty days before an emergency was declared.
- Classifies knowingly and willfully charging excessive amounts for sales totaling $500 or more within 24 hours as a class 5 felony.
- Classifies knowingly and willfully charging excessive amounts for sales totaling not more than $500 within 24 hours as a class 6 felony.
- Allows the Attorney General to investigate violations and take action under existing trade practice laws.
Who It Names or Affects
- People who sell or offer goods, services, rent properties, or provide resources during a state of emergency.
- The Arizona Attorney General's office responsible for enforcement.
- Individuals buying essential items necessary to preserve life, health, safety, or property.
Terms To Know
- Commodity
- Any item sold or traded, including goods, services, materials, merchandise, supplies, equipment, resources, food, water, ice, electricity, building materials, petroleum products, medical supplies, and rent.
- State of emergency
- A formal declaration defined in Arizona law section 26-301 that triggers special rules for this bill.
Limits and Unknowns
- The text does not specify the exact date when this law becomes effective.
- The definition of items 'necessary to preserve, protect or sustain life' is broad and may require court interpretation in specific cases.
- The bill relies on a separate state statute (section 26-301) for the full meaning of 'state of emergency,' which is not included here.