,i #aafth ,,congress #b;d ,session ,h4 ,r4 #fbfd ,,in ,,the ,,house ,,of ,,representatives ,march #ab1 #bjbj,mr4 ,smith of ,missouri 7for himself and ,mr4 ,gottheimer7 introduced the following bill2 which was referred to the ,committee on the ,judiciary ,a ,,bill ,to prohibit price gouging during a state of emergency declaration1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,preventing ,pandemic ,profiting ,act4 #b4 ,prohibition 7a7 ,in general ,chapter #aa of title #ah1 ,united ,states ,code1 is amended by inserting after section #bbj the following3 #bba4 ,price gouging during a state of emergency declaration 7a7 ,in general ,whoever1 in any location that has received a state of emergency declaration1 knowingly sells or offers for sale1 during the effective period of such declaration1 any goods or services identified by the ,secretary of ,health and ,human ,services as vital and necessary for the health1 safety1 and welfare of consumers1 including medical treatment1 at an unconscionably excessive price1 shall be fined not more than #a1jjj1 imprisoned not more than #e years1 or both4 7b7 ,definitions ,in this section3 7#a7 ,state of emergency declaration ,the term state of emergency declaration means-- 7,a7 a public health emergency declaration under section #cai of the ,public ,health ,service ,act2 7,b7 a major disaster declaration under section #dja of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act2 or 7,c7 an emergency declaration under section #eja of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act4 7#b7 ,unconscionably excessive price ,the term unconscionably excessive price-- 7,a7 means a price higher than the average price at which goods or services were sold or offered for sale during the #cj-;day period prior to the date on which a state of emergency declaration is made2 and 7,b7 does not include-- 7i7 an increased price that reflects the average profit margin during the #cj-;day period prior to the date on which a state of emergency declaration is made1 plus an increase in the cost of services or the cost of acquiring1 producing1 selling1 transporting1 and delivering goods2 or 7ii7 any price agreed to by a seller and consumer prior to the date on which a state of emergency declaration is made4 4 7b7 ,clerical amendment ,the table of sections for chapter #aa of title #ah1 ,united ,states ,code1 is amended by inserting after the item related to section #bbj the following3 #bba4 ,price gouging during a state of emergency declaration4 4 7c7 ,application ,this ,act and the amendments made by this ,act shall apply with respect to conduct occurring on or after the date of enactment of this ,act4