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US S3014
US S3014Federal Trade Commission Review of Expensive and Detrimental Overregulation Act FTC REDO Act
summary
Introduced
10/04/2023
10/04/2023
In Committee
10/04/2023
10/04/2023
Crossed Over
Passed
Dead
01/03/2025
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)
Jerry Moran (R)*,
Kevin Cramer (R),
Mike Crapo (R),
Steve Daines (R),
Mike Lee (R),
Joe Manchin (I),
Jim Risch (R),
Todd Young (R),
Last Action
Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 10/04/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/3014/all-info |
| BillText | https://www.congress.gov/118/bills/s3014/BILLS-118s3014is.pdf |
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