SB 1042 — Trade: business practices; excessively increased pricing for certain goods and services during a declared state of emergency; prohibit. Creates new act. TIE BAR WITH: SB 1041'26, SB 1043'26

SB-1042, As Passed Senate, June 25, 2026 SUBSTITUTE FOR SENATE BILL NO.

(b) "Consumer food item" means an item that is used or VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 intended for use as a food, drink, confection, or condiment by a person or animal.

(h) "Person" means an individual, partnership, corporation, VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 limited liability company, association, trust, estate, or other legal entity.

(1) If the attorney general or a local prosecuting VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 attorney has reasonable cause to believe that an individual has information or is in possession, custody, or control of a document or other tangible object relevant to an investigation for a violation of this act, the attorney general or prosecuting attorney may serve on the individual a written demand to appear and be examined under oath, and to produce the documents or object for inspection and copying.

(2) If an individual fails to comply with the written demand VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 served under subsection (1), the attorney general or a local prosecuting attorney may file an action to enforce the demand.

(c) Strike or limit the application of unconscionable clauses VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 of contracts to avoid an unconscionable result.

For an individual, the civil fine must not be more VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 than $10,000.00 per violation.

If a witness has been or may be called to testify or provide other information at a proceeding under or related to this act, the circuit court for the county in which the proceeding is or may be held may issue, on application of the attorney general, asserting that in the attorney general's judgment the testimony or other information may be necessary to the public interest and that the witness has refused or is likely to refuse to testify, an order requiring the witness to give testimony or provide other information that the witness refuses to give or provide on the VMP S00808'25 (S-1)(S-1)_SB1042_APS_1 vtxfqnwze4kb 1 basis of the privilege against self-incrimination, if the court provides in its order that the witness must not be prosecuted or subjected to any penalty or forfeiture for, or on account of, any transaction, occurrence, matter, or thing to which the witness testifies or provides other information or evidence, documentary or otherwise, and that the testimony, information, or evidence must not be used against the witness in any criminal investigation, proceeding, or trial, except a prosecution for perjury for giving a false statement or for otherwise failing to comply with the order.

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