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HR 7737 118th Congress House Commerce Administrative law and regulatory procedures Business records Competition and antitrust Congressional oversight Corporate finance and management Criminal investigation, prosecution, interrogation Federal Trade Commission (FTC) Government employee pay, benefits, personnel management

One Agency Act

Introduced: March 20, 2024 Introduced by: Cline, Ben Republican · Virginia See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 18, 2024
Ordered to be Reported (Amended) by the Yeas and Nays: 16 - 7.
Apr 18, 2024
Committee Consideration and Mark-up Session Held
Mar 20, 2024
Referred to the House Committee on the Judiciary.
Mar 20, 2024
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now April 18, 2024

Ordered to be Reported (Amended) by the Yeas and Nays: 16 - 7.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1