One Agency Act

3/27/2024, 3:30 PM

One Agency Act

This bill consolidates federal antitrust enforcement authority in one department by transferring the Federal Trade Commission's (FTC) antitrust functions, employees, assets, and funding to the Department of Justice (DOJ).

The bill provides a one-year period for DOJ to implement the transition and allows DOJ to extend the period once for an additional 180 days. During the transition period, DOJ may restructure the department's antitrust division and deputize FTC antitrust employees to investigate and prosecute antitrust violations on behalf of DOJ prior to the completion of the transfer of personnel from the FTC to DOJ.

DOJ is also authorized to require businesses to file annual or special reports about the business’s organization, conduct, practices, management, and relationship to other businesses filing such reports.

The One Agency Act, also known as Bill 118 hr 7737, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to streamline and consolidate various federal agencies into a single, more efficient entity.

The bill proposes merging several agencies that have overlapping responsibilities and functions, in order to reduce redundancy and improve coordination. This consolidation is intended to make the federal government more effective and cost-efficient in delivering services to the American people.

Proponents of the One Agency Act argue that it will lead to a more streamlined and coherent government structure, making it easier for citizens to navigate and access government services. They also believe that the consolidation of agencies will lead to cost savings and greater efficiency in the long run. Opponents of the bill, however, raise concerns about potential job losses and disruptions to the functioning of the agencies being merged. They also worry that consolidating agencies may lead to a loss of specialized expertise and a decrease in the quality of services provided. Overall, the One Agency Act is a controversial piece of legislation that seeks to reorganize the federal government in order to improve efficiency and effectiveness. Its fate in Congress remains uncertain as lawmakers continue to debate its merits and drawbacks.
Congress
118
Number
HR - 7737
Introduced on
2024-03-20
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/20/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

One Agency Act

This bill consolidates federal antitrust enforcement authority in one department by transferring the Federal Trade Commission's (FTC) antitrust functions, employees, assets, and funding to the Department of Justice (DOJ).

The bill provides a one-year period for DOJ to implement the transition and allows DOJ to extend the period once for an additional 180 days. During the transition period, DOJ may restructure the department's antitrust division and deputize FTC antitrust employees to investigate and prosecute antitrust violations on behalf of DOJ prior to the completion of the transfer of personnel from the FTC to DOJ.

DOJ is also authorized to require businesses to file annual or special reports about the business’s organization, conduct, practices, management, and relationship to other businesses filing such reports.

The One Agency Act, also known as Bill 118 hr 7737, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to streamline and consolidate various federal agencies into a single, more efficient entity.

The bill proposes merging several agencies that have overlapping responsibilities and functions, in order to reduce redundancy and improve coordination. This consolidation is intended to make the federal government more effective and cost-efficient in delivering services to the American people.

Proponents of the One Agency Act argue that it will lead to a more streamlined and coherent government structure, making it easier for citizens to navigate and access government services. They also believe that the consolidation of agencies will lead to cost savings and greater efficiency in the long run. Opponents of the bill, however, raise concerns about potential job losses and disruptions to the functioning of the agencies being merged. They also worry that consolidating agencies may lead to a loss of specialized expertise and a decrease in the quality of services provided. Overall, the One Agency Act is a controversial piece of legislation that seeks to reorganize the federal government in order to improve efficiency and effectiveness. Its fate in Congress remains uncertain as lawmakers continue to debate its merits and drawbacks.
Alternative Names
Official Title as IntroducedTo transfer antitrust enforcement from the Federal Trade Commission to the Attorney General, and for other purposes.
Policy Areas
Commerce

Comments

Recent Activity

Latest Summary11/19/2024

One Agency Act

This bill consolidates federal antitrust enforcement authority in one department by transferring the Federal Trade Commission's (FTC) antitrust functions, employees, assets, and funding to the Department of Ju...

Latest Action3/20/2024
Referred to the House Committee on the Judiciary.