Introduced
by
To authorize penalties of $10,000 per violation by individuals, and $1 million for a business, for raising the price on temporary lodging during an emergency by an amount the bill deems as “excessive,” which could apply to increases as low as 10%. Violations would be a misdemeanor, and the state Attorney General would be authorized to file class action lawsuits seeking triple damages from landlords who raise prices. Senate Bills 847 and 848 apply the same restrictions and penalties to fuel and other products.
Referred to the Committee on Economic and Small Business Development