SB 956 Michigan Senate · 2023-2024 Regular Session

Trade: business practices; excessively increased pricing for energy products and services during a market disruption; prohibit. Creates new act.

This bill, known as the Energy Pricing Protection Act, prohibits businesses from charging excessively high prices for gasoline, propane, and home heating oil during market disruptions. It defines a market disruption as events like natural disasters, supply shortages, or emergencies, and sets a 10% price increase threshold that sellers must justify with proof of higher costs or prior discounts. The law empowers state and local prosecutors to investigate violations by issuing demands for documents and testimony, with penalties for non-compliance.
Bill status passed 3 of 5 stages cleared
Introduction
Jun 2024
Committee Review
Dec 2024
Senate Passage
Dec 2024
House Passage
Governor
Introduced Jun 26, 2024 Last action Dec 12, 2024
Floor votes

How they voted

This bill passed the Senate. No roll call record of that vote is available.
Full legislative history

Actions timeline

Total actions
13
Key actions
4
Committee
5
Dec 12, 2024
Committee
referred to Committee on Government Operations
lower
Dec 12, 2024
Introduced
received on 12/12/2024
lower
Dec 12, 2024
Upper · Passed
PASSED ROLL CALL # 523 YEAS 20 NAYS 16 EXCUSED 2 NOT VOTING 0
upper
Dec 12, 2024
Upper · Passed
SUBSTITUTE (S-1) CONCURRED IN
upper
Dec 12, 2024
Upper · Passed
REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)
upper
Dec 5, 2024
Committee
REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)
upper
Dec 5, 2024
Upper · Passed
REPORTED FAVORABLY WITH SUBSTITUTE (S-1)
upper
Jun 26, 2024
Committee
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
upper
Jun 26, 2024
Introduced
INTRODUCED BY SENATOR MARY CAVANAGH
upper
1 primary · 1 co-sponsor

Sponsors