SB 355-1_ Filed 01/16/2002, 12:21

COMMITTEE REPORT

MR. PRESIDENT:

    The Senate Committee on Commerce and Consumer Affairs, to which was referred Senate Bill No. 355, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 1, line 5; (02)CR035501.1. -->     Page 1, line 5, delete "6" and insert " 7".
    Page 1, line 8, delete "and" and insert "or".
    Page 1, line 14, after "obtainable" insert " within the retailer's trade area".
    Page 2, between lines 1 and 2, begin a new paragraph and insert:
    " Sec. 3. It is unlawful for a retailer to sell a commodity to a consumer at an unconscionable price within the area for which a state of emergency has been declared.".
    Page 2, line 2, delete "3" and insert " 4".
    Page 2, line 7, delete "penalty if" and insert " penalty.".
    Page 2, delete line 8.
    Page 2, line 9, delete "4" and insert " 5".
    Page 2, line 34, delete "5" and insert " 6".
    Page 2, line 41, delete "6" and insert " 7".
    Page 2, line 41, delete "5" and insert " 6".
    Page 3, delete lines 1 through 15, begin a new paragraph and insert:
    " Sec. 8. This chapter preempts the power of local governments to regulate pricing of commodities under a declaration of emergency:
        (1) under IC 10-4-1-7 ;
        (2) under IC 10-4-1-7.1 ; or
        (3) by a local government.
".


    (Reference is to SB 355 as introduced.)

and when so amended that said bill do pass.

Committee Vote: Yeas 9, Nays 1.

____________________________________

    Server
Chairperson


CR035501/DI 75    2002