Texas House Bill HB2942

Texas 2021 - 87th Regular

Caption

Relating to investigations and actions by district or county attorneys in connection with the deceptive trade practice of charging exorbitant or excessive prices for necessities during a declared disaster.

Impact

The proposed changes within HB 2942 empower district and county attorneys to conduct investigations and take legal action against those who charge excessive prices for essential goods during disasters. This legislation would also ensure that any penalties or settlements accrued from these actions are divided between the state and the locality, with designated funds to support law enforcement and public health initiatives. Consequently, the bill is expected to enhance the resources available to address price gouging and related deceptive practices, thereby promoting fairness in the marketplace during emergencies.

Summary

House Bill 2942 aims to strengthen the oversight of district and county attorneys regarding deceptive trade practices, specifically focusing on the issue of charging exorbitant prices for necessities during declared disasters. This legislative measure is intended to provide a clear framework for enforcement against such practices, ensuring that attorneys can take appropriate action in cases where local residents are exploited during emergencies. The bill modifies existing provisions in the Business & Commerce Code to enable more stringent checks on price gouging, reflecting a critical need for consumer protection in times of crisis.

Sentiment

The sentiment regarding HB 2942 appears to be largely supportive among various stakeholders, particularly consumer advocacy groups and public health officials who regard it as a necessary step in safeguarding vulnerable populations during disasters. However, there may also be concerns voiced by business owners regarding regulatory burdens that could arise from increased scrutiny and enforcement. Overall, the reception of the bill reflects a commitment to balancing consumer protection with the realities faced by businesses in times of crisis.

Contention

Notable points of contention may arise around the implications of enforcement and the degree to which it impacts local businesses. While the bill aims to protect consumers from exploitation, opponents could argue that it may over-regulate businesses that are trying to manage supply and demand under extraordinary circumstances. Moreover, clarity in the definitions of 'exorbitant prices' and the mechanisms for enforcement will be critical for ensuring that the bill's implementation does not inadvertently hinder legitimate commerce during times of need.