1 | 1 | | |
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2 | 2 | | Introduced Version |
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3 | 3 | | HOUSE BILL No. 1011(ss) |
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4 | 4 | | _____ |
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5 | 5 | | DIGEST OF INTRODUCED BILL |
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6 | 6 | | Citations Affected: IC 4-6-9.1. |
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7 | 7 | | Synopsis: Infant formula price gouging. Defines "price gouging" to |
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8 | 8 | | include charging a consumer an unconscionable amount for the sale of |
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9 | 9 | | infant formula. Provides that price gouging occurs in the sale of infant |
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10 | 10 | | formula if the price at which the infant formula is sold grossly exceeds |
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11 | 11 | | the average price charged for infant formula of the same brand and type |
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12 | 12 | | in retail establishments in Indiana on or about the date on which the |
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13 | 13 | | infant formula is sold. Authorizes the attorney general to investigate |
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14 | 14 | | complaints, seek injunctive relief, seek restitution for victims, and |
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15 | 15 | | institute actions to collect civil penalties in cases of price gouging in |
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16 | 16 | | the sale of infant formula. Provides that a court may assess a civil |
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17 | 17 | | penalty of up to $1,000 for each transaction against a retailer found to |
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18 | 18 | | have committed price gouging in the sale of infant formula. |
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19 | 19 | | Effective: Upon passage. |
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20 | 20 | | Bauer M |
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21 | 21 | | July 28, 2022, read first time and referred to Committee on Rules and Legislative |
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22 | 22 | | Procedures. |
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23 | 23 | | 2022(ss) IN 1011—LS 6017/DI 55 Introduced |
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24 | 24 | | Special Session of the 122nd General Assembly (2022)(ss) |
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25 | 25 | | PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana |
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26 | 26 | | Constitution) is being amended, the text of the existing provision will appear in this style type, |
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27 | 27 | | additions will appear in this style type, and deletions will appear in this style type. |
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28 | 28 | | Additions: Whenever a new statutory provision is being enacted (or a new constitutional |
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29 | 29 | | provision adopted), the text of the new provision will appear in this style type. Also, the |
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30 | 30 | | word NEW will appear in that style type in the introductory clause of each SECTION that adds |
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31 | 31 | | a new provision to the Indiana Code or the Indiana Constitution. |
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32 | 32 | | Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts |
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33 | 33 | | between statutes enacted by the 2022 Regular Session of the General Assembly. |
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34 | 34 | | HOUSE BILL No. 1011(ss) |
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35 | 35 | | A BILL FOR AN ACT to amend the Indiana Code concerning state |
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36 | 36 | | offices and administration. |
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37 | 37 | | Be it enacted by the General Assembly of the State of Indiana: |
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38 | 38 | | 1 SECTION 1. IC 4-6-9.1-1 IS AMENDED TO READ AS |
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39 | 39 | | 2 FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 1. (a) Sections 1 |
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40 | 40 | | 3 through 7 The provisions of this chapter relating to price gouging in |
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41 | 41 | | 4 the sale of fuel apply to: |
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42 | 42 | | 5 (1) the period during which an emergency is declared; and |
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43 | 43 | | 6 (2) the twenty-four (24) hours before the declaration of the |
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44 | 44 | | 7 emergency; |
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45 | 45 | | 8 by the governor under IC 10-14-3-12 or IC 10-14-3-13. |
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46 | 46 | | 9 (b) The definitions in IC 10-14-3 apply to this chapter. |
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47 | 47 | | 10 SECTION 2. IC 4-6-9.1-2 IS AMENDED TO READ AS |
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48 | 48 | | 11 FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 2. (a) For purposes |
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49 | 49 | | 12 of The following definitions apply throughout this chapter: |
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50 | 50 | | 13 (1) "Infant formula" means a food that is manufactured, |
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51 | 51 | | 14 packaged, and labeled specifically for special dietary use |
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52 | 52 | | 15 solely as a food for infants by reason of: |
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53 | 53 | | 16 (A) its simulation of human milk; or |
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54 | 54 | | 17 (B) its suitability as a complete or partial substitute for |
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55 | 55 | | 2022(ss) IN 1011—LS 6017/DI 55 2 |
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56 | 56 | | 1 human milk. |
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57 | 57 | | 2 (2) "Price gouging" means charging a consumer an |
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58 | 58 | | 3 unconscionable amount for the sale of: |
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59 | 59 | | 4 (A) fuel; or |
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60 | 60 | | 5 (B) infant formula. |
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61 | 61 | | 6 (b) For purposes of this chapter, price gouging occurs in the sale |
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62 | 62 | | 7 of fuel if: |
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63 | 63 | | 8 (1) the amount charged grossly exceeds the average price at |
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64 | 64 | | 9 which fuel was readily obtainable within the retailer's trade area |
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65 | 65 | | 10 during the seven (7) days immediately before the declaration of |
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66 | 66 | | 11 emergency; and |
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67 | 67 | | 12 (2) the increase in the amount charged is not attributable to cost |
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68 | 68 | | 13 factors to the retailer, including replacement costs, taxes, and |
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69 | 69 | | 14 transportation costs incurred by the retailer. |
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70 | 70 | | 15 (c) For purposes of this chapter, price gouging occurs in the sale |
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71 | 71 | | 16 of infant formula if the amount that a consumer is charged for the |
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72 | 72 | | 17 infant formula grossly exceeds the average price charged for infant |
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73 | 73 | | 18 formula of the same brand and type in retail establishments in |
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74 | 74 | | 19 Indiana on or about the date on which the infant formula is sold. |
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75 | 75 | | 20 SECTION 3. IC 4-6-9.1-5 IS AMENDED TO READ AS |
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76 | 76 | | 21 FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 5. (a) If an |
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77 | 77 | | 22 investigation by the attorney general results in a finding of price |
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78 | 78 | | 23 gouging, the attorney general may bring an action in a circuit or |
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79 | 79 | | 24 superior court with jurisdiction in the county where the price gouging |
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80 | 80 | | 25 allegedly occurred. |
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81 | 81 | | 26 (b) If the court finds that the retailer engaged in price gouging, the |
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82 | 82 | | 27 court may assess a civil penalty against the retailer. The civil penalty |
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83 | 83 | | 28 may not be more than one thousand dollars ($1,000) per for each |
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84 | 84 | | 29 transaction in which a sale of fuel or infant formula constitutes |
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85 | 85 | | 30 price gouging. |
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86 | 86 | | 31 SECTION 4. An emergency is declared for this act. |
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87 | 87 | | 2022(ss) IN 1011—LS 6017/DI 55 |
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