4/20/04-Aimed at stopping “unconscionable” selling practices during declared states of emergency, an anti-price-gouging measure inspired by Hurricane Isabel is now law in Virginia.
Gov. Mark Warner signed SB242 – part of a two-bill package including HB686 – into law April 14.
The “Virginia Post-Disaster Anti-Price Gouging Act,” prohibits suppliers from selling goods and services, such as fuel and food and meals served in restaurants, during times of disaster at an unconscionable price. What constitutes unconscionable would be determined by the courts based on several criteria, including whether the same or similar goods were available 10 days before the disaster at a significantly less price.
Under the new law, a seller found responsible for price gouging would be liable for actual damages. But the victim would not be allowed to initiate a private cause of action.

3/12/04-Aimed at stopping “unconscionable” selling practices during declared states of emergency, an anti-price-gouging bill won unanimous approval from the full House Feb. 27.
The “Virginia Post-Disaster Anti-Price Gouging Act,” introduced by Sen. Thomas K. Norment, R-James City, previously passed the Senate 39-0. The legislation now heads to Gov. Mark Warner for his signature.
SB242 prohibits suppliers from selling goods and services, such as fuel and food and meals served in restaurants, during times of disaster at an unconscionable price. What constitutes unconscionable would be determined by the courts based on several criteria, including whether the same or similar goods were available 10 days before the disaster at a significantly less price.
Under the proposal, a seller found responsible for price gouging would be liable for actual damages. But the victim would not be allowed to initiate a private cause of action.
For bill status, call (804) 698-7410. In Virginia, call 1-888-892-6948.
An identical House bill – HB686 – also has been forwarded to the governor.