legislation: 114-hr-5136

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-hr-5136 114 hr 5136 RECS Act Commerce 2016-04-29 2016-05-06 Referred to the Subcommittee on Commerce, Manufacturing, and Trade. House Rep. Pompeo, Mike [R-KS-4] KS R P000602 1 Revealing Economic Conclusions for Suggestions Act or the RECS Act This bill amends the Federal Trade Commission Act to prohibit the Federal Trade Commission (FTC) from submitting legislative or regulatory recommendations without an economic analysis by the FTC's Bureau of Economics sufficient to demonstrate that: (1) the FTC has identified a problem it determines should be addressed, including the rationale for the FTC's determination that private markets or public institutions could not adequately address the issue; and (2) the recommendation is based on a reasoned determination that its benefits outweigh its costs. 2023-01-11T13:31:31Z  

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