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HB 465

EDUCATION-TECH

104th Regular Session Introduced by Chris Welch

HB 465 prohibits dynamic pricing for food products, protecting consumers from sudden price hikes and ensuring fair pricing practices in the food industry.

Rule 19(a) / Re-referred to Rules Committee
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Bill Summary · HB 465

Summary of Bill HB 465: Relating to Dynamic Pricing

Overview

Bill Number: HB 465
Title: Relating to Dynamic Pricing
Status: Introduced and Passed First Reading
Introduced Date: January 17, 2025
Classification: Bill
Subject: Dynamic Pricing, Food, Prohibition

HB 465 aims to address the practice of dynamic pricing in the food industry, specifically focusing on prohibiting certain pricing strategies that may be deemed unfair or exploitative.

Purpose and Intent

The primary intent of HB 465 is to protect consumers from fluctuating prices in food products that can occur due to dynamic pricing strategies. Dynamic pricing involves adjusting prices based on real-time supply and demand conditions, which can lead to significant price increases for consumers, especially during emergencies or high-demand periods.

Key Provisions

  • Prohibition of Dynamic Pricing: The bill seeks to prohibit the use of dynamic pricing for food products. This means that retailers and food service providers would not be allowed to change prices based on demand fluctuations.
  • Consumer Protection Measures: The bill includes provisions aimed at ensuring fair pricing practices in the food industry, thereby safeguarding consumers from potential price gouging.

Affected Parties

  • Consumers: The primary beneficiaries of this bill would be consumers who purchase food products, as it aims to stabilize prices and prevent sudden increases.
  • Retailers and Food Service Providers: Businesses in the food sector will be directly impacted by the prohibition of dynamic pricing, requiring them to adopt fixed pricing strategies.

Legislative Actions and Timeline

  • January 17, 2025: Bill introduced and pending introduction.
  • January 21, 2025: Bill referred to the following committees:
    • Health, Human Services, and Homelessness (HSH)
    • Consumer Protection & Commerce (CPC)
    • Judiciary and Hawaiian Affairs (JHA)
  • January 21, 2025: Bill passed its first reading in the legislative chamber.

Related Bills

  • SB 785: This bill serves as a companion to HB 465, indicating that similar provisions may be considered in the Senate.

Conclusion

HB 465 represents a significant legislative effort to regulate pricing practices in the food industry, aiming to enhance consumer protection and ensure fair access to food products. As the bill progresses through the legislative process, further discussions and amendments may shape its final form and impact.

Compiled from official sources — confirm details with the bill’s official record.

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