AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- PRICE GOUGING OF PRESCRIPTION DRUGS PROHIBITED
HB 5126 prohibits price gouging for "vital drugs" (medications treating serious or life-threatening conditions with no alternative supply) during declared market shortages or emergencies. It makes it a felony to charge unreasonably excessive prices - defined as a gross disparity from pre-shortage average prices - to take unfair advantage of supply shortages. Sellers face up to five years in prison or a $10,000 fine for violations, with penalties applying daily for ongoing offenses. The law excludes normal market price fluctuations and requires the attorney general to assess pricing based on pre-shortage rates and cost factors. It applies only during governor- or president-declared emergencies for six months max.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025
Last action Apr 8, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 8, 2025
Committee
04/08/2025 Committee recommended measure be held for further study
legislature
Jan 22, 2025
Introduced
01/22/2025 Introduced, referred to House Judiciary
lower
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jennifer Stewart
DDemocratic
P
John Lombardi
DDemocratic
P
Leo Felix
DDemocratic
P
Raymond Hull
DDemocratic
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