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Enhanced FTC Powers: New Rules and Penalties for Unfair Practices

This act strengthens the Federal Trade Commission (FTC) by granting it greater authority to create rules regarding unfair or deceptive practices. This means the FTC can respond more quickly to new consumer threats and impose financial penalties on companies that violate these rules. The goal is to better protect citizens from fraud and unfair market activities.
Key points
The FTC gains authority to more quickly create new rules protecting consumers from unfair practices.
Financial penalties will be introduced for companies that violate rules concerning unfair or deceptive acts.
The changes aim to increase citizens' financial security and protection against market fraud.
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Expired
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Additional Information
Print number: 117_HR_4447
Sponsor: Rep. Castor, Kathy [D-FL-14]
Process start date: 2021-07-16
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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

21st Century FTC Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4447.

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 2021-07-16.

What are the main provisions?

Key points include:

  • The FTC gains authority to more quickly create new rules protecting consumers from unfair practices.
  • Financial penalties will be introduced for companies that violate rules concerning unfair or deceptive acts.
  • The changes aim to increase citizens' financial security and protection against market fraud.
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. Castor, Kathy [D-FL-14].

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 2025-12-28.

CATEGORIES

Courts and Law Economy