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.
| Authored by Representative Bauer M |
| Title | Description | Date | View |
|---|---|---|---|
| Fiscal Note | Fiscal Note #1: Introduced | 2023-12-22 | Click To View |
| 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 |
