,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #fcah  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #bh1         
#bjbe,ms4 ,de,lauro 7= h]self1 ,ms4     
,craig1 ,ms4 ,ocasio-,cortez1 ,mr4      
,mc,govern1 ,mr4 ,nadl]1 ,ms4 ,velzquez1
 ,ms4 ,s*ak[sky1 & ,ms4 ,norton7        
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,en]gy & ,comm]ce1 & 9 
addition to ! ,committees on ,ways &    
,means1 & ,education & ,work=ce1 = a    
p]iod to be subsequ5tly det]m9$ by !    
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,a ,,bill  ,to      
prohibit price g\g+ ) respect to goods  
subject to a t>iff1 & = o!r purposes4   
#a4 ,%ort title  ,?is ,act may be cit$ z
 ! ,no ,gratuit\s ,ov]*>g+ = ,ubiquit\s 
,global ,exports ,act or ! ,no ,,g\ge   
,act4  #b4 ,def9itions ,9 ?is ,act3 7#a7
 ,commission ,! t]m ,commission means ! 
,f$]al ,trade ,commission4  7#b7        
,compon5t ,! t]m compon5t means a good t
 is (f]$ = sale to consum]s ?r\gh       

incorporation into a f9al good4  7#c7   
,f9al good ,! t]m f9al good means a good
 t does n require any fur!r assembly to 
be ready = sale to consum]s4  7#d7 ,good
 ,! t]m good means any good (f]$ = sale 
9 comm]ce4  7#e7 ,plann$ t>iff ,! t]m   
plann$ t>iff means a t>iff1 includ+ a   
t>iff rate *ange1 t is int5d$ to be     
impos$1 z demon/rat$ by a writt5 or     
spok5 /atem5t by ! ,presid5t1 ! ,unit$  
,/ates ,trade ,repres5tative1 !         
,secret>y ( ,comm]ce1 or ano!r s5ior    
,f$]al (ficial det]m9$ appropriate by ! 
,commission1 includ+ by means ( a press 
release1 a comm5t at a press conf]5ce1  
meet+1 or public ev5t1 or any o!r public
 communication4  7#f7 ,/ate ,! t]m ,/ate
 means ea* ( ! sev]al ,/ates1 ! ,di/rict
 ( ,columbia1 ea* commonweal?1 t]ritory1
 or possession ( ! ,unit$ ,/ates1 & ea* 
f$]ally recogniz$ ,indian ,tribe4  7#g7 
,t>iff$ good ,! t]m t>iff$ good means ! 
foll[+3  7,a7 ,a f9al good t is subject 
to a t>iff1 includ+ a t>iff rate *ange1 
t ent]$ into =ce on or aft] ,janu>y #bj1

 #bjbe4  7,b7 ,a good t is assembl$1 9  
:ole or 9 "p1 9 ! ,unit$ ,/ates & t has 
a compon5t t is subject to a t>iff1     
includ+ a t>iff rate *ange1 t ent]$ into
 =ce on or aft] ,janu>y #bj1 #bjbe4     
7,c7 ,a compon5t t is subject to a      
t>iff1 includ+ a t>iff rate *ange1 t    
ent]$ into =ce on or aft] ,janu>y #bj1  
#bjbe4  7,d7 ,a f9al good1 a good       
assembl$ 9 ! ,unit$ ,/ates1 or a        
compon5t ) respect to :i* !re is a      
plann$ t>iff4  7#h7 ,t>iff-relat$ %ock  
date ,! t]m t>iff-relat$ %ock date means
 any date ) respect to :i*-- 7,a7 t>iffs
 or plann$ t>iffs1 includ+ t>iff rate   
*anges1 ) respect to at lea/ #e t>iff   
l9es ent]$ into =ce or 7 demon/rat$ by a
 writt5 or spok5 /atem5t1 z ! case may  
be1 dur+ ! #cj-;day p]iod prec$+ su*    
date 7)\t reg>d to ! numb] ( trad+      
p>tn]s involv$72 or  7,b7 a t>iff rate  
*ange1 includ+ a plann$ t>iff to ! ext5t
 su* plann$ t>iff relates to a t>iff    
rate *ange1 t increases by m ?an #be    
p]c5tage po9ts an exi/+ t>iff rate ent]$

 into =ce or 0 demon/rat$ by a writt5 or
 spok5 /atem5t1 z ! case may be1 dur+ ! 
#cj-;day p]iod prec$+ su* date4  7#i7   
,ultimate p>5t entity ,! t]m ultimate   
p>5t entity has ! mean+ giv5 su* t]m 9  
section #hja4a ( title #af1 ,code (     
,f$]al ,regulations 7or any successor   
regulation74  #c4 ,price g\g+ prohibit$ 
7a7 ,prohibition  7#a7 ,9 g5]al ,no     
p]son1 )\t reg>d to ! position ( su*    
p]son 9 a supply *a9 or di/ribution     
network1 may sell or (f] = sale 9 !     
,unit$ ,/ates a t>iff$ good at an       
unreasonably high price dur+ ! #e-ye>   
p]iod t foll[s ! date on :i* any t>iff  
or plann$ t>iff applicable to su* t>iff$
 good ent]$ into =ce or 0 demon/rat$ by 
a writt5 or spok5 /atem5t1 z ! case may 
be4  7#b7 ,unreasonably high price  7,a7
 ,9 g5]al ,= purposes ( ?is section1 a  
p]son is sell+ or (f]+ = sale a t>iff$  
good at an unreasonably high price if   
su* p]son--  7i7 has rais$ ! price ( a  
t>iff$ good t is a f9al good by m ?an ! 
am\nt ( ! co/s directly g5]at$-- 7,i7 by

 ! imposition ( a t>iff ) respect to su*
 good2 or  7,,ii7 by-- 7aa7 ! imposition
 ( a t>iff ) respect to su* good2 &     
7bb7 additional co/s 7n includ+ co/s    
relat+ to increas$ executive comp5sation
 or %>e repur*ase programs7 incurr$ by  
su* p]son 9 provid+ su* good t          
demon/rate a t>iff 0 n us$ by su* p]son 
z a pretext = a price increase2  7ii7   
has rais$ ! price ( a t>iff$ good t is a
 good assembl$1 9 :ole or 9 "p1 9 !     
,unit$ ,/ates & ) respect to :i* a t>iff
 applies to a compon5t ( su* good by m  
?an ! am\nt ( ! co/s directly g5]at$--  
7,i7 by ! imposition ( a t>iff ) respect
 to su* compon5t2 or  7,,ii7 by--  7aa7 
! imposition ( a t>iff ) respect to su* 
compon5t2 &  7bb7 additional co/s 7n    
includ+ co/s relat+ to increas$         
executive comp5sation or %>e repur*ase  
programs7 incurr$ by su* p]son 9 provid+
 su* good t demon/rate a t>iff 0 n us$  
by su* p]son z a pretext = a price      
increase2 or  7iii7 has rais$ ! price ( 
a t>iff$ good t is a compon5t by m ?an !

 am\nt ( ! co/s directly g5]at$-- 7,i7  
by ! imposition ( a t>iff ) respect to  
su* compon5t2 or  7,,ii7 by-- 7aa7 !    
imposition ( a t>iff ) respect to su*   
compon5t2 &  7bb7 additional co/s 7n    
includ+ co/s relat+ to increas$         
executive comp5sation or %>e repur*ase  
programs7 incurr$ by su* p]son 9 provid+
 su* good t demon/rate a t>iff 0 n us$  
by su* p]son z a pretext = a price      
increase4  7,b7 ,plann$ t>iffs ,)       
respect to a t>iff$ good describ$ 9     
section #b7g77;,d71 no co/s may be      
det]m9$ to be directly g5]at$ by !      
imposition ( a t>iff ) respect to su*   
good be=e ! date on :i* a t>iff ent]s   
into =ce ) respect to su* good4  7,c7   
,basel9e price det]m9ations ,= purposes 
( ?is p>agraph1 ! price ( a t>iff$ good 
prior to ! date on :i* any t>iff or     
plann$ t>iff applicable to su* t>iff$   
good ent]$ into =ce or 0 demon/rat$ by a
 writt5 or spok5 /atem5t1 z ! case may  
be1 %all be det]m9$ by ref]5ce to !     
av]age price ( su* good dur+ ! #ahj-;day

 p]iod prec$+ su* date4  7b7 ,exemption 
7#a7 ,9 g5]al ,subsection 7a7 does n    
apply to ! sale1 or (f]+ = sale1 ( a    
good by a p]son if ! ultimate p>5t      
entity ) respect to su* p]son e>n$ less 
?an #ajj1jjj1jjj 9 gross rev5ue f goods 
sold 9 ! ,unit$ ,/ates dur+ ! #ab-mon?  
p]iod prec$+ su* sale or (f]4  7#b7     
,inflation adju/m5t ,9 ,janu>y ( ! fir/ 
ye> beg9n+ aft] ! date ( ! enactm5t (   
?is ,act1 & annually !reaft]1 !         
,commission %all adju/ ! am\nt specifi$ 
9 p>agraph 7#a7 by ! p]c5tage *ange 9 ! 
consum] price index = all urban consum]s
 publi%$ by ! ,bureau ( ,labor ,/ati/ics
 ) respect to ! #ab-mon? p]iod prec$+ ! 
date ( su* adju/m5t4  7c7 ,presumption (
 violation  7#a7 ,9 g5]al ,) respect to 
any t>iff-relat$ %ock date1 a p]son %all
 be presum$ to be 9 violation (         
subsection 7a7 if a prepond]ance ( !    
evid5ce demon/rates--  7,a7 su* p]son   
has unfair lev]age 7z describ$ 9        
p>agraph 7#c772 &  7,b7 su* p]son sold  
or (f]$ = sale on su* date a t>iff$ good

 at a price t 0 great] ?an ! av]age     
price ( su* good dur+ ! #ahj-;day p]iod 
prec$+ ! date on :i* ! mo/ rec5t t>iff  
or plann$ t>iff applicable to su* good  
ent]$ into =ce or 0 demon/rat$ by a     
writt5 or spok5 /atem5t1 z ! case may   
be4  7#b7 ,rebuttal ,a p]son may rebut a
 presumption "u p>agraph 7#a7 if su*    
p]son demon/rates by cle> & conv9c+     
evid5ce t ! relevant increase 9 ! price 
( a t>iff$ good is attributable1 9 full1
 to co/s directly g5]at$-- 7,a7 by !    
imposition ( a t>iff ) respect to su*   
t>iff$ good2 or  7,b7 by-- 7i7 !        
imposition ( a t>iff ) respect to su*   
t>iff$ good2 &  7ii7 additional co/s 7n 
includ+ co/s relat+ to increas$         
executive comp5sation or %>e repur*ase  
programs7 incurr$ by su* p]son 9 provid+
 su* t>iff$ good t demon/rate t su*     
t>iff 0 n us$ by su* p]son z a pretext =
 su* increase4  7#c7 ,unfair lev]age    
7,a7 ,*>act]i/ics ,= purposes ( ?is     
subsection1 a p]son has unfair lev]age  
if su* p]son or ! ultimate p>5t entity (

 su* p]son--  7i7 e>n$ at lea/          
#a1jjj1jjj1jjj 9 gross rev5ue f goods   
sold 9 ! ,unit$ ,/ates dur+ ! #ab-mon?  
p]iod prec$+ ! relevant sale or (f]2 or 
7ii7 satisfies ano!r *>act]i/ic set =? 9
 a regulation promulgat$ by !           
,commission ) respect to det]m9+ unfair 
lev]age4  7,b7 ,inflation adju/m5t ,9   
,janu>y ( ! fir/ ye> beg9n+ aft] ! date 
( ! enactm5t ( ?is ,act1 & annually     
!reaft]1 ! ,commission %all adju/ !     
am\nt specifi$ 9 subp>agraph 7,a77i7 by 
! p]c5tage *ange 9 ! consum] price index
 = all urban consum]s publi%$ by !      
,bureau ( ,labor ,/ati/ics ) respect to 
! #ab-mon? p]iod prec$+ ! date ( su*    
adju/m5t4  7,c7 ,consid]ations ,9       
promulgat+ regulations "u subp>agraph   
7,a77ii71 ! ,commission %all consid] !  
capacity ( a p]son to d ! foll[+3  7i7  
,absorb1 9 :ole or 9 "p1 co/s directly  
g5]at$ by a t>iff4  7ii7 ,increase      
production1 9 ! ,unit$ ,/ates1 ( a good 
t is id5tical or sub/antially simil> to 
a t>iff$ good4  7d7 ,regulations  7#a7  

,9 g5]al ,! ,commission may promulgate1 
9 accordance ) section #eec ( title #e1 
,unit$ ,/ates ,code1 su* regulations z  
may be necess>y to c>ry out ?is section4
  7#b7 ,int]ag5cy consultation ,!       
,commission1 9 promulgat+ regulations "u
 ?is subsection1 %all consult ) ! ,unit$
 ,/ates ,trade ,repres5tative1 ! ,unit$ 
,/ates ,int]national ,trade ,commission1
 ,u4,s4 ,cu/oms & ,bord] ,protection1 & 
! ,bureau ( ,labor ,/ati/ics4  7e7      
,en=cem5t by ,commission  7#a7 ,unfair  
or deceptive acts or practices ,a       
violation ( ?is section or a regulation 
promulgat$ "u ?is section %all be treat$
 z a violation ( a regulation "u section
 #ah7;a77#a77;,b7 ( ! ,f$]al ,trade     
,commission ,act 7#ae ,u4,s4,c4         
#eg;a7a77#a77;,b77 reg>d+ unfair or     
deceptive acts or practices4  7#b7 ,p[]s
 ( ,commission ,! ,commission %all en=ce
 ?is section & ! regulations promulgat$ 
"u ?is section 9 ! same mann]1 by ! same
 means1 & ) ! same jurisdiction1 p[]s1 &
 duties z ?\gh all applicable t]ms &    

provisions ( ! ,f$]al ,trade ,commission
 ,act 7#ae ,u4,s4,c4 #da et seq47 7     
incorporat$ into & made a "p ( ?is      
section4 ,any p]son :o violates ?is     
section or a regulation promulgat$ "u   
?is section %all be subject to !        
p5alties & entitl$ to ! privileges &    
immunities provid$ 9 ! ,f$]al ,trade    
,commission ,act4  7#c7 ,au?ority       
pres]v$ ,no?+ 9 ?is section may be      
con/ru$ to limit ! au?ority ( !         
,commission "u any o!r provision ( law4 
7f7 ,actions by ,/ates  7#a7 ,9 g5]al ,9
 any case 9 :i* ! attorney g5]al ( a    
,/ate1 or an (ficial or ag5cy ( a ,/ate1
 has reason to believe t an int]e/ ( !  
resid5ts ( su* ,/ate has be5 or is      
?reat5$ or adv]sely affect$ by an act or
 practice 9 violation ( ?is section or a
 regulation promulgat$ "u ?is section1 !
 ,/ate1 z p>5s patriae1 may br+ a civil 
action on behalf ( ! resid5ts ( ! ,/ate 
9 an appropriate ,/ate c\rt or an       
appropriate di/rict c\rt ( ! ,unit$     
,/ates to--  7,a7 enjo9 su* act or      

practice2  7,b7 en=ce compliance ) ?is  
section or su* regulation2  7,c7 obta9  
damages1 re/itution1 or o!r comp5sation 
on behalf ( resid5ts ( ! ,/ate2 or  7,d7
 obta9 su* o!r legal & equitable relief 
z ! c\rt may consid] to be appropriate4 
7#b7 ,notice ,be=e fil+ an action "u ?is
 subsection1 ! attorney g5]al1 (ficial1 
or ag5cy ( ! ,/ate involv$ %all provide 
to ! ,commission a writt5 notice ( su*  
action & a copy ( ! compla9t = su*      
action4 ,if ! attorney g5]al1 (ficial1  
or ag5cy det]m9es t x is n feasible to  
provide ! notice describ$ 9 ?is p>agraph
 be=e ! fil+ ( ! action1 ! attorney     
g5]al1 (ficial1 or ag5cy %all provide   
writt5 notice ( ! action & a copy ( !   
compla9t to ! ,commission imm$iately ^u 
! fil+ ( ! action4  7#c7 ,au?ority (    
,commission ,on receiv+ notice "u       
p>agraph 7#b7 ( an action "u ?is        
subsection1 ! ,commission %all h ! "r-- 
7,a7 to int]v5e 9 ! action2  7,b7 ^u s  
int]v5+1 to be he>d on all matt]s aris+ 
!re92 &  7,c7 to file petitions =       

appeal4  7#d7 ,rules ( con/ruction  7,a7
 ,ex]cis+ ( c]ta9 p[]s ,= purposes (    
br++ a civil action "u ?is subsection1  
no?+ 9 ?is ,act may be con/ru$ to prev5t
 an attorney g5]al1 (ficial1 or ag5cy ( 
a ,/ate f ex]cis+ ! p[]s conf]r$ on !   
attorney g5]al1 (ficial1 or ag5cy by !  
laws ( su* ,/ate to conduct             
inve/igations1 adm9i/] oa?s &           
affirmations1 or compel ! att5dance (   
witnesses or ! production ( docum5t>y & 
o!r evid5ce4  7,b7 ,/ate proce$+s ,no?+ 
9 ?is subsection may be con/ru$ to      
prohibit an au?oriz$ (ficial ( a ,/ate f
 initiat+ or cont9u+ any proce$+ 9 a    
c\rt ( ! ,/ate = a violation ( any civil
 or crim9al law ( ! ,/ate4  7g7 ,effect 
on o!r laws ,no?+ 9 ?is section may be  
con/ru$ to preempt or o!rwise affect any
 ,/ate or local law4  7h7 ,report+ by   
consum]s & relat$ inve/igations  7#a7 ,9
 g5]al ,n lat] ?an #ahj days aft] ! date
 ( ! enactm5t ( ?is ,act1 ! ,commission 
%all e/abli% a me*anism = consum]s to   
report to ! ,commission pot5tial        

violations ( ?is section4  7#b7         
,requirem5ts ,! me*anism e/abli%$ "u    
p>agraph 7#a7 %all all[ a consum] to    
report a pot5tial violation by a v>iety 
( means1 includ+ ! foll[+3  7,a7 ,a     
telephone numb]4  7,b7 ,a mail+ address4
  7,c7 ,a website4  7#c7 ,consid]ation  
,n lat] ?an #ahj days aft] ! date ( !   
enactm5t ( ?is ,act1 ! ,commission %all 
promulgate regulations e/abli%+1 &      
provid+ a detail$ description (1 !      
process by :i* ! ,commission %all       
consid] reports provid$ ?r\gh ! me*anism
 e/abli%$ "u p>agraph 7#a7 &1 if        
applicable1 op5 inve/igations into      
pot5tial violations ( ?is section4  7#d7
 ,rule ( con/ruction ,no?+ 9 ?is        
subsection may be con/ru$ to preclude ! 
,commission f unilat]ally initiat+ an   
inve/igation ( a pot5tial violation (   
?is section4  #d4 ,reports  7a7 ,,itc & 
,,bls report  7#a7 ,9 g5]al ,n lat] ?an 
#a ye> aft] ! date ( ! enactm5t ( ?is   
,act1 & annually !reaft]1 ! ,unit$      
,/ates ,int]national ,trade ,commission 

& ! ,bureau ( ,labor ,/ati/ics %all     
jo9tly submit to ,congress1 & make      
available to ! public1 a report on !    
prices ( goods sold by any company e>n+ 
#a1jjj1jjj1jjj or m 9 gross rev5ue dur+ 
! prior ye>1 ) a focus on id5tify+      
*anges 9 ! prices ( t>iff$ goods4  7#b7 
,suffici5cy ( surveys  7,a7 ,9 g5]al    
,prior to submission ( ! fir/ report    
requir$ "u p>agraph 7#a71 ! ,bureau (   
,labor ,/ati/ics %all id5tify :e!r !    
exi/+ surveys ( ! ,bureau collect       
suffici5tly granul> data ) respect to   
pric+ decisions & consum] prices to     
effectively id5tify price increases =   
t>iff$ goods4  7,b7 ,developm5t ( new   
surveys ,if ! ,bureau ( ,labor ,/ati/ics
 det]m9es "u subp>agraph 7,a7 t !       
surveys ( ! ,bureau are insuffici5t1 !  
,bureau %all develop & include 9 su*    
surveys new que/ions to collect ! data  
necess>y = ! report requir$ "u p>agraph 
7#a74  7b7 ,,ftc report ,n lat] ?an #a  
ye> aft] ! date ( ! enactm5t ( ?is ,act1
 & annually !reaft]1 ! ,commission %all 

submit to ,congress1 & make available to
 ! public1 a report on ! en=cem5t       
activities ( ! ,commission "u ?is ,act1 
:i* %all include an assessm5t ( ! impact
 ( ! en=cem5t ( ?is ,act on consum]     
prices1 bo? = t>iff$ goods & all goods4