Includes for-hire transportation services in the prohibition on price gouging; provides that such prohibition shall apply to for-hire transportation services after the declaration of a state of emergency by the governor tied to an abnormal disruption of the market or upon notice from the governor, attorney general or the chief executive of any municipality of the state that an abnormal disruption of the market exists.

This bill aims to prevent price gouging in for-hire transportation services, such as taxis and ride-sharing, during times of emergency. It would take effect when the governor declares a state of emergency or when local officials announce that there is a significant market disruption. The goal is to protect consumers from excessive fare increases during challenging times.

Supporters of the bill argue that it is essential to protect consumers from unfair pricing practices during emergencies, ensuring that everyone has access to affordable transportation when they need it most. They believe that this legislation will promote fairness and accountability in the for-hire transportation industry.

Critics might argue that this bill could limit the ability of for-hire transportation services to adjust prices based on demand during emergencies, potentially leading to reduced availability of services. They may also contend that it could create challenges for businesses trying to operate sustainably in unpredictable market conditions.