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FTC REDO Act
3/11/2024, 4:40 PM
Summary of Bill S 3014
The FTC REDO Act, also known as Bill 118 s 3014, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to amend the Federal Trade Commission Act to provide the Federal Trade Commission (FTC) with additional authority to enforce consumer protection laws.
Specifically, the FTC REDO Act aims to enhance the FTC's ability to combat deceptive and unfair practices in the marketplace. It would allow the FTC to seek civil penalties for violations of consumer protection laws, as well as provide the agency with the authority to seek injunctive relief against companies engaging in deceptive practices.
Additionally, the bill would require the FTC to conduct a study on the use of mandatory arbitration clauses in consumer contracts. This study would examine the impact of these clauses on consumers' ability to seek redress for harm caused by deceptive or unfair practices. Overall, the FTC REDO Act is designed to strengthen the FTC's ability to protect consumers from deceptive and unfair practices in the marketplace. It aims to give the agency the tools it needs to effectively enforce consumer protection laws and hold companies accountable for their actions.
Specifically, the FTC REDO Act aims to enhance the FTC's ability to combat deceptive and unfair practices in the marketplace. It would allow the FTC to seek civil penalties for violations of consumer protection laws, as well as provide the agency with the authority to seek injunctive relief against companies engaging in deceptive practices.
Additionally, the bill would require the FTC to conduct a study on the use of mandatory arbitration clauses in consumer contracts. This study would examine the impact of these clauses on consumers' ability to seek redress for harm caused by deceptive or unfair practices. Overall, the FTC REDO Act is designed to strengthen the FTC's ability to protect consumers from deceptive and unfair practices in the marketplace. It aims to give the agency the tools it needs to effectively enforce consumer protection laws and hold companies accountable for their actions.
Read the Full Bill
Current Status of Bill S 3014
Bill S 3014 is currently in the status of Bill Introduced since October 4, 2023. Bill S 3014 was introduced during Congress 118 and was introduced to the Senate on October 4, 2023. Bill S 3014's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of October 4, 2023
Bipartisan Support of Bill S 3014
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
2Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3014
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 3014
FTC REDO Act
FTC REDO Act
Federal Trade Commission Review of Expensive and Detrimental Overregulation Act
A bill to establish requirements for the Federal Trade Commission with respect to certain rules related to automotive retailing, and for other purposes.
A bill to establish requirements for the Federal Trade Commission with respect to certain rules related to automotive retailing, and for other purposes.
Comments
Sponsors and Cosponsors of S 3014
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