To amend the Federal Trade Commission Act to provide the Commission with notice and comment rulemaking authority respecting unfair or deceptive acts or practices and to provide for civil penalties for violations of such Act respecting unfair or deceptive acts or practices, and for other purposes.
About This Bill
Committee
Latest Action · June 29, 2023
Referred to the Subcommittee on Innovation, Data, and Commerce.
The 21st Century FTC Act would strengthen the Federal Trade Commission's authority to regulate unfair or deceptive business practices by granting the agency formal rulemaking power through notice and comment procedures, a standard regulatory process that allows public input. The bill would also enable the FTC to impose civil penalties directly for violations of the FTC Act without requiring case-by-case enforcement actions. These changes would streamline the FTC's enforcement process and give it more flexible tools to address emerging consumer protection issues in the modern economy. The legislation affects all businesses engaged in commerce, particularly those that the FTC identifies as engaging in unfair or deceptive practices. No specific funding amounts or implementation timelines are specified in the bill.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.