Part ofconsumer protection →

HR8493FEDERALIN_COMMITTEE

Task Force to Stop Price Gouging Act of 2024

May 24, 2024

consumer protection food prices supply chain federal task force business regulation

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Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

The bill establishes a formal interagency body tasked with analyzing how federal spending and corporate in the food sector affect the prices families pay for groceries.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Food producers, manufacturers, and retailers

The task force is required to analyze their input costs and investigate their business practices.

Department of Justice

The Attorney General is required to appoint representatives to the task force.

Federal Trade Commission

The Chair of the Commission is required to appoint representatives to the task force.

Department of Agriculture

The Secretary of Agriculture is required to appoint representatives to the task force.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

This bill creates a new federal task force to investigate and recommend ways to lower food prices and stop unfair business practices. The group will be required to report to Congress every 90 days on their findings regarding food s and the impact of government spending on consumer costs.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who will serve on the new task force?

The task force will be composed of representatives from the Department of Justice, the Federal Trade Commission, and the Department of Agriculture, appointed by their respective agency heads.

What will the task force actually do?

They will investigate business practices that increase prices, look for ways to prevent in the food industry, and submit regular reports to Congress on their findings and recommendations.

How often will the task force report to Congress?

The first report is due 180 days after the bill becomes law, with subsequent reports required every 90 days.

Why It Matters

The bill establishes a formal interagency body tasked with analyzing how federal spending and corporate in the food sector affect the prices families pay for groceries.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Interagency Food Oversight

The bill mandates a specific, recurring reporting structure linking federal spending to food sector outcomes, signaling a shift toward more granular oversight of food supply chains.

Department of Agriculture Federal Trade Commission Department of Justice

Connected Entities

organizationCongress“Receives reports from the Task Force”Map →

personSecretary of Agriculture“Appoints representative to the Task Force”Map →

organizationDepartment of Agriculture“Representative appointed by the Secretary of Agriculture”Map →

personAttorney General“Appoints representative to the Task Force”Map →

organizationDepartment of Justice“Representative appointed by the Attorney General”Map →

bill_numberH.R. 8493“The bill itself”Map →

other118th Congress“The legislative session”Map →

personChair of the Commission“Appoints representative to the Task Force”Map →

organizationFederal Trade Commission“Representative appointed by the Chair of the Commission”Map →

Analysis Score

0–100

Significance65
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level

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