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Key Votes

S AMDT 2612 - Price-Gouging During Emergencies Amendment - Key Vote

National Key Votes

John McCain III voted Nay (Motion Vote) on this Legislation.

Read statements John McCain III made in this general time period.

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Legislation - Motion Rejected (Senate) (57-42) - (Key vote)

Title: Price-Gouging During Emergencies Amendment

Vote Smart's Synopsis:

Vote on a motion to waive the Budget Act in order to adopt an amendment that makes it illegal to sell crude oil, gasoline, or petroleum distillates at a price that is excessive or takes unfair advantage during a declared state of emergency.

Highlights:
  • Sets a civil penalty for charging prices grossly above the original price of crude oil, gasoline, or petroleum during a declared state of emergency of no more than $3 million.
  • Sets the criminal penalty for charging prices grossly above the original price of crude oil, gasoline, or petroleum during a declared state of emergency at a maximum of five years in prison, a fine of up to $3 million, or both.
  • Authorizes the Federal Trade Commission to enforce this act.
Note:

NOTE: A MOTION TO WAIVE THE BUDGET ACT, IF ADOPTED, TEMPORARILY SETS ASIDE A SPECIFIC PROVISION OF THE BUDGET ACT OF 1974 SO THAT AN AMENDMENT THAT VIOLATES THE ACT MAY BE CONSIDERED. A 3/5 MAJORITY IS REQUIRED FOR ADOPTION.

Legislation - Introduced (Senate) -

Title: Price-Gouging During Emergencies Amendment

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