US Congress House Bill 5115 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on April 28 2016 - 25% progression, died in committee
Action: 2016-04-29 - Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Pending: House Subcommittee on Commerce, Manufacturing, and Trade Committee
Text: Latest bill text (Introduced) [PDF]

SURE Act Statement on Unfairness Reinforcement and Emphasis Act This bill amends the Federal Trade Commission Act to provide additional factors for the Federal Trade Commission (FTC) to consider before it may declare acts or practices to be unlawful on the ground that they are unfair and likely to cause substantial injury to consumers. Trivial or merely speculative injury or harm must be considered unlikely to cause substantial injury. But the FTC may consider substantial: (1) an injury that does small harm to a large number of people, or (2) a significant risk of concrete harm. In determining the likelihood of substantial injury to consumers, the FTC must consider whether the act or practice results in: (1) monetary harm, (2) unwarranted health or safety risks, or (3) only emotional or other more subjective harm. The FTC must also find an act or practice to be injurious in its net effects before it may be considered unfair. In determining the net effects, the FTC must consider: (1) remedy costs; and (2) burdens on society in general, such as increased paperwork or regulatory burdens or reduced incentives for innovation and capital formation. The FTC may not second-guess consumer decisions, but may consider whether an act or practice unreasonably creates or takes advantage of an obstacle to the free exercise of consumer decisionmaking.

SURE Act Statement on Unfairness Reinforcement and Emphasis Act

Sen. Markwayne Mullin [R-OK]

Rep. Leonard Lance [R-NJ]

Rep. Gregg Harper [R-MS]

Rep. Pete Sessions [R-TX]

Date	Chamber	Action
2016-04-29	House	Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
2016-04-28	House	Referred to the House Committee on Energy and Commerce.
2016-04-28	House	Introduced in House

HB5510 (Related) 2016-12-13 - Placed on the Union Calendar, Calendar No. 685.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/5115/all-info
Text	https://www.congress.gov/114/bills/hr5115/BILLS-114hr5115ih.pdf