RECS Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 20, 2021)
Revealing Economic Conclusions for Suggestions Act or the RECS Act
This bill requires the Federal Trade Commission (FTC), when submitting recommendations for legislation, to submit an accompanying economic analysis.
The required analysis must demonstrate that (1) the FTC has identified a problem it determines should be addressed (including the FTC's rationale for determining that private markets or public institutions could not address this issue), and (2) the recommended legislation is based on a reasoned determination that the benefits of the recommended legislation outweigh its costs.
What just happenedApr 21, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
Who’s behind it
- Introduced in HouseApr 20, 2021
- Apr 21, 2021Committee
Referred to the Subcommittee on Consumer Protection and Commerce.
Innovation, Data, and Commerce Subcommittee - Apr 20, 2021IntroReferralH11100
Referred to the House Committee on Energy and Commerce.
Energy and Commerce Committee - Apr 20, 2021IntroReferralIntro-H
Introduced in House
- Apr 20, 2021IntroReferral1000
Introduced in House