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FTC Consent Order Time Limits: Increased Flexibility for Businesses

New rules introduce time limits for consent orders issued by the Federal Trade Commission (FTC), meaning most will expire after 8 years. Companies not involved in fraud can seek earlier termination of orders, potentially reducing regulatory burdens and fostering innovation. For citizens, this could mean companies adapt more quickly to changing technologies and market conditions.
Key points
Most FTC consent orders will have a maximum duration of 8 years, except for fraud-related cases.
Companies whose consent orders are not fraud-related and have been in effect for over 5 years can petition for early termination.
The FTC will need to evaluate if consent orders remain necessary, considering technological progress and the risk of violations.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_2677
Sponsor: Rep. Burgess, Michael C. [R-TX-26]
Process start date: 2021-04-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

TIME Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2677.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-20.

What are the main provisions?

Key points include:

  • Most FTC consent orders will have a maximum duration of 8 years, except for fraud-related cases.
  • Companies whose consent orders are not fraud-related and have been in effect for over 5 years can petition for early termination.
  • The FTC will need to evaluate if consent orders remain necessary, considering technological progress and the risk of violations.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Burgess, Michael C. [R-TX-26].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Consumer Protection and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Courts and Law Economy