What is the official ID of this bill?

The official print number for this legislation is HR 2677.

When did the legislative process begin?

The process officially started on 2021-04-20.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/hr2677/BILLS-117hr2677ih.htm

Is this summary verified?

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

Who is the primary sponsor?

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

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

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

Analysis and Potential Impact of HR 2677

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

FTC Consent Order Time Limits: Increased Flexibility for Businesses

Q: 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.

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.

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Status:

Expired

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Additional Information

TIME Act

Print number: HR 2677

Sponsor: Rep. Burgess, Michael C. [R-TX-26]

Process start date: 2021-04-20

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash-preview-05-20

Source data: api.congress.gov

AI work logs for this document launch

FTC Consent Order Time Limits: Increased Flexibility for Businesses

Key Questions about FTC Consent Order Time Limits: Increased Flexibility for Businesses