Bans unreasonable price increases for essential goods, hotel lodging, rental housing, and repair services in areas hit by a major disaster or emergency after the President issues a declaration. It applies only in the affected area and during the covered period.

Gives the Federal Trade Commission power to enforce the ban, lets states and private individuals sue, and sets civil penalties. Creates a fund to hold money recovered from violations. The bill defines what counts as “essential” goods and services and includes specified exceptions.