Plain English Breakdown
The definition of 'State of emergency' refers to section 26-301, but the text of that specific section is not provided here.
SB1714: Price Limits During Emergencies
This law makes it illegal to charge prices that are at least ten percent higher than the highest price charged in the month before a state of emergency for essential items.
What This Bill Does
- Defines 'commodity' as goods, services, materials, merchandise, supplies, equipment, resources, food, water, ice, electricity, building materials, petroleum products, medical supplies, and rent.
- Sets a price limit that prevents sellers from charging prices at least ten percent higher than the highest price charged in the 30 days before an emergency started for items needed to protect life or property.
- Makes knowingly breaking these rules during an emergency a class 5 felony if sales total $500 or more in one day.
- Makes knowingly breaking these rules during an emergency a class 6 felony if sales are less than $500 in one day.
- Allows the Attorney General to investigate and take action against people who break this law.
Who It Names or Affects
- Sellers of goods, services, or resources like food, water, electricity, building materials, medical supplies, petroleum products, ice, equipment, and rent.
- The Arizona Attorney General's office for enforcement duties.
- Individuals buying essential items during a declared state of emergency.
Terms To Know
- Commodity
- Any item used in trade, including goods, services, food, water, ice, electricity, building materials, petroleum products, medical supplies, and rent.
- State of emergency
- A formal declaration defined by state law (section 26-301) regarding urgent situations requiring special government action.
- Class 5 felony
- A serious crime applied here to sellers who knowingly charge excessive prices and make $500 or more from those sales in one day during an emergency.
Limits and Unknowns
- The bill does not list specific dates when the state of emergency must be declared.
- The text defines what counts as a commodity but does not explain how to calculate exact prices for complex services or rent agreements beyond the ten percent rule.
- The effective date is not listed in the provided source material.