HB1301 - Virginia Post-Disaster Anti-Price Gouging Act; clarifies definition of consumer transaction, etc.

3 Co-Sponsors

Virginia Post-Disaster Anti-Price Gouging Act; definitions. Provides that for the purposes of the Virginia Post-Disaster Anti-Price Gouging Act, "consumer transaction" includes transactions involving the advertisement, sale, lease, license, or offering for sale, lease, or license of goods or services to be used for business purposes and the advertisement, sale, lease, license, or contract of employment services to be provided or procured for business purposes. The bill also amends the definition of "time of disaster" to mean the longer of (i) the period of time when a state of emergency declared by the Governor or the President of the United States as the result of a disaster, emergency, or major disaster is in effect or (ii) 30 days after the occurrence of the disaster, emergency, or major disaster that resulted in the declaration of the state of emergency. Under current law, the definition of "time of disaster" means the shorter of the time periods specified in clauses (i) and (ii).