HR 5136
114th Congress
House
Commerce
Administrative law and regulatory procedures
Economic performance and conditions
Federal Trade Commission (FTC)
Government information and archives
RECS Act
Introduced: April 29, 2016
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2016
Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Apr 29, 2016
Referred to the House Committee on Energy and Commerce.
Apr 29, 2016
Introduced in House
Plain-English summary
Revealing Economic Conclusions for Suggestions Act or the RECS Act
This bill amends the Federal Trade Commission Act to prohibit the Federal Trade Commission (FTC) from submitting legislative or regulatory recommendations without an economic analysis by the FTC's Bureau of Economics sufficient to demonstrate that: (1) the FTC has identified a problem it determines should be addressed, including the rationale for the FTC's determination that private markets or public institutions could not adequately address the issue; and (2) the recommendation is based on a reasoned determination that its benefits outweigh its costs.
What's happening now
Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Committees of jurisdiction
2
Cosponsors
1