Prohibits increase of staple food prices more than once per day.

This bill prohibits retail food stores from raising prices on staple food items more than once per day. It directly affects stores selling everyday groceries like cereals, bread, meats, dairy, fruits, and vegetables - defined as "staple food goods" intended for home preparation. Stores violating this rule face escalating civil penalties: $1,000 for a first offense, $2,500 for a second, and $5,000 for third or subsequent violations. Enforcement will be handled by New Jersey’s Office of Weights and Measures and the Office of Consumer Protection.