S 2524 · 93th Congress · Economic stabilization

Price Controls and Consumer Redress Act

Introduced 1973-10-03· Sponsored by Sen. Tunney, John V. [D-CA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1973-10-03)

Plain Language Summary

[AI summary unavailable — showing source text] Price Controls and Consumer Redress Act - Provides, under the Economic Stabilization Act, that to the maximum extent practicable, specific retail price ceilings shall be established for every product or service sold at retail and subject to price controls. Provides a reward equal to 25 percent of any fine or penalty to citizens who initiate valid conplaints against illegal price increases.…

Summarized by Claude AI · Non-partisan · For informational purposes only