Consumer Protection and Recovery Act This bill authorizes the Federal Trade Commission (FTC) to seek monetary relief in federal court from businesses that engage in unlawful commercial practices such as false advertising, consumer fraud, and anticompetitive conduct. Specifically, the FTC may seek restitution in these cases for losses, rescission or reformation of contracts, refund of money, return of property, or disgorgement of unjust enrichment. On April 22, 2021, the Supreme Court held in AMG Capital Management, LLC v. Federal Trade Commission that the Federal Trade Commission Act does not authorize the FTC to seek, or a court to award, such relief.
HR 2668 - 117Consumer Protection and Recovery Act
Received in the Senate.
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Statutory Pay-As-You-Go Effects of H.R. 2668, the Consumer Protection and Recovery Act
As ordered reported by the House Committee on Energy and Commerce on June 10, 2021
CBO’s Estimate of the Statutory Pay-As-You-Go Effects of H.R. 2668, the Consumer Protection and Recovery Act
As ordered reported by the House Committee on Energy and Commerce on June 10, 2021
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Summary
Consumer Protection and Recovery Act This bill authorizes the Federal Trade Commission (FTC) to seek monetary relief in federal court from businesses that engage in unlawful commercial practices such as false advertising, consumer fraud, and anticompetitive conduct. Specifically, the FTC may seek restitution in these cases for losses, rescission or reformation of contracts, refund of money, return of property, or disgorgement of unjust enrichment. On April 22, 2021, the Supreme Court held in AMG Capital Management, LLC v. Federal Trade Commission that the Federal Trade Commission Act does not authorize the FTC to seek, or a court to award, such relief.
Consumer Protection and Recovery Act This bill authorizes the Federal Trade Commission (FTC) to seek monetary relief in federal court from businesses that engage in unlawful commercial practices such as false advertising, consumer fraud, and anticompetitive conduct. Specifically, the FTC may seek restitution in these cases for losses, rescission or reformation of contracts, refund of money, return of property, or disgorgement of unjust enrichment. On April 22, 2021, the Supreme Court held in AMG Capital Management, LLC v. Federal Trade Commission that the Federal Trade Commission Act does not authorize the FTC to seek, or a court to award, such relief.
Sponsors
Timeline
Received in the Senate.
Considered under the provisions of rule H. Res. 535. (consideration: CR H3730-3738)
Rule provides for consideration of H.R. 2467, H.R. 2668 and H.R. 3985. The resolution provides for one hour of general debate on H.R. 2467, H.R. 2668 and H.R. 3985. The resolution provides en bloc suspension authority and provides at any time through the legislative day of Thursday, July 22, 2021, the Speaker may entertain motions offered by the Majority Leader or a designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of July 19 or 20, 2021, and on which the yeas and nays were ordered and further proceedings postponed.
DEBATE - The House proceeded with one hour of debate on H.R. 2668.
The previous question was ordered pursuant to the rule.
Mr. Davis, Rodney moved to recommit to the Committee on Energy and Commerce. (text: CR H3736)
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
On motion to recommit Failed by the Yeas and Nays: 207 - 217 (Roll no. 213).
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 221 - 205 (Roll no. 214).(text: CR H3730)
On passage Passed by the Yeas and Nays: 221 - 205 (Roll no. 214). (text: CR H3730)
Motion to reconsider laid on the table Agreed to without objection.
Rules Committee Resolution H. Res. 535 Reported to House. Rule provides for consideration of H.R. 2467, H.R. 2668 and H.R. 3985. The resolution provides for one hour of general debate on H.R. 2467, H.R. 2668 and H.R. 3985. The resolution provides en bloc suspension authority and provides at any time through the legislative day of Thursday, July 22, 2021, the Speaker may entertain motions offered by the Majority Leader or a designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of July 19 or 20, 2021, and on which the yeas and nays were ordered and further proceedings postponed.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 117-90, Part I.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 117-90, Part I.
Committee on the Judiciary discharged.
Committee on the Judiciary discharged.
Placed on the Union Calendar, Calendar No. 64.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 22.
Subcommittee on Consumer Protection and Commerce Discharged.
Referred to the Subcommittee on Consumer Protection and Commerce.
Introduced in House
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.