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Bill > S3014


US S3014

US S3014
Federal Trade Commission Review of Expensive and Detrimental Overregulation Act FTC REDO Act


summary

Introduced
10/04/2023
In Committee
10/04/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to establish requirements for the Federal Trade Commission with respect to certain rules related to automotive retailing, and for other purposes.

AI Summary

This bill, the Federal Trade Commission Review of Expensive and Detrimental Overregulation Act (FTC REDO Act), establishes requirements for the Federal Trade Commission (FTC) before it can finalize, implement, or enforce a proposed rule related to automotive retailing. Specifically, the bill requires the FTC to conduct a quantitative study on automotive retailing, consumer testing, and a detailed economic analysis, and to submit the results to Congress before publishing a notice of proposed rulemaking. The bill also requires the FTC to ensure that any final rule applies equally to franchised, independent, and direct sellers of automobiles, and that the rule is open for public comment for at least 120 days.

Committee Categories

Transportation and Infrastructure

Sponsors (8)

Last Action

Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 10/04/2023)

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