Indiana House Bill 1014 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2024 - 25% progression, died in committee
Action: 2024-01-08 - First reading: referred to Committee on Commerce, Small Business and Economic Development
Pending: House Commerce, Small Business and Economic Development Committee
Text: Latest bill text (Introduced) [PDF]

Infant formula price gouging. 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.

Infant formula price gouging.

Rep. Maureen Bauer [D]

Date	Chamber	Action
2024-01-08	House	First reading: referred to Committee on Commerce, Small Business and Economic Development
2024-01-08	House	Authored by Representative Bauer M

Type	Source
Summary	https://iga.in.gov/legislative/2024/bills/house/1014/details
Text	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1014/HB1014.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1014/fiscal-notes/HB1014.01.INTR.FN001.pdf