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Old 06.14.2009
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Price-gouging protections advance in Louisiana

Price-gouging protections advance in Louisiana

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A bill nearing passing in the Louisiana Legislature is intended to provide additional protections for consumers from being gouged at the fuel pump.

The National Conference of State Legislatures reports nearly 30 states have some type of price-gouging ban with still others pursuing their own rules. The laws in many of those states are triggered by emergency declarations.

Louisiana currently imposes civil fines on merchants who overcharge for goods and services, including fuel, during or in the wake of a declared emergency. The rule allows the state’s attorney general to investigate price gouging complaints at the retail level.

Sponsored by Sen. David Heitmeier, D-New Orleans, a bill – SB272 – to extend the price-gouging ban to include refineries and other wholesalers is awaiting a House floor vote. The Senate has already approved it.

more here>> Price-gouging protections advance in Louisiana
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