Bill Text: NJ S2321 | 2016-2017 | Regular Session | Chaptered

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Bill Title: Concerns excessive price increases during state of emergency.

Spectrum: Slight Partisan Bill (Democrat 9-3)

Status: (Passed) 2017-02-06 - Approved P.L.2017, c.9. [S2321 Detail]

Download: New_Jersey-2016-S2321-Chaptered.html

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P.L.2017, CHAPTER 9, approved February 6, 2017

Senate, No. 2321 (Third Reprint)

 

An Act concerning excessive price increases during a state of emergency, and amending P.L.2001, c.297.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Section 3 of P.L.2001, c.297 (C.56:8-109) is amended to read as follows:

     3.    It shall be an unlawful practice for any person to sell or offer to sell ²[during a state of emergency or]² [within 30 days of the termination] ³[for] within^{3 1}[10] 30¹ days ³[following] after³ the declaration of a state of emergency, ³[unless extended by the Governor for periods of time up to 10 days in duration] or for such other period of time as the Governor may specify in the declaration of a state of emergency³, in the area for which the state of emergency has been declared, any merchandise which is consumed or used as a direct result of an emergency or which is consumed or used to preserve, protect, or sustain the life, health, safety or comfort of persons or their property for a price that constitutes an excessive price increase. ³The Governor may by executive order extend the period during which this prohibition remains in force.³

(cf: P.L.2001, c.297, s.3)

 

     2.    This act shall take effect immediately.

 

 

                                

 

     Concerns excessive price increases during state of emergency.