New Jersey's 24th Legislative District

Senator Steven Oroho

Senator Steve Oroho

Senate Passes Oroho Bill to Amend Price-Gouging Protections to Safeguard Consumers, Support Businesses

Please Share:

Bookmark and Share

Legislation would put price-gouging protections in place for 30 days after a declaration of state of emergency, unless extended by the governor

The New Jersey Senate has passed legislation sponsored by Senator Steve Oroho to protect consumers from price gouging during a natural disaster and support small businesses following a state of emergency declaration.

People waiting in long lines for gasoline on November 2, 2012, following Superstorm Sandy. (Wikimedia)

“The protections we put in place will deter businesses from taking advantage of consumers during a natural disaster by spiking prices for necessities, such as gasoline and groceries,” Senator Oroho (R-Sussex, Warren, Morris) said. “However, many reputable small businesses have been negatively impacted because of the inflexibility of the 30-day time period. This bill will ensure business have the ability to be competitive following the end of an emergency declaration, while still protecting consumers from price gouging tactics that threaten their welfare and safety.”

The legislation, S-2321, amends existing law to provide that it would be unlawful for any person to sell any product at an excessive price for a 30-day period following the declaration of a state of emergency. It also allows for the Governor to extend the period during which the price gouging prohibition remains in force.

Under current law, excessive price increases are prohibited for a period that extends to 30 days after the termination of a state of emergency. An “excessive price” is defined as more than 10 percent above the price of the item or service as offered immediately before the state of emergency.

“This measure allows for greater flexibility because it lets the Governor tailor the price control period to specifically fit each emergency,” Senator Oroho said. “I think this will help us strike a balance between protecting consumers during a natural disaster and supporting businesses once the emergency is over.”

 

Please Share:

Similar Posts on SenateNJ.com

Leave a Comment:

Comment Rules: Please remain civil, stay on topic, and refrain from using foul or abusive language. Posts that violate those rules may be hidden or deleted, and repeated violators may be blocked.

District 24 Guide

Steven Oroho

Steve's Bio & Public Service

Constituent Services

Steve Can Help You!

Contact Steve

Steve Wants to Hear from You!

Directions

Getting to Steve's Office

District 24

About the Legislative District

Email Updates

Sign Up for Steve's Newsletter

Facebook

Follow Steve's Page

Internships

Students - Get Involved

Legislative Activity

Committees, Bills & Votes

Twitter

Tweet @stevenoroho

Steve's Recent Posts

- Proudly Serving Parts of Morris, Sussex and Warren Counties -