Legis Daily

RECS Act

USA117th CongressHR-2676| House 
| Updated: 4/21/2021
Larry Bucshon

Larry Bucshon

Republican Representative

Indiana

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 20, 2021
Introduced in House
Apr 20, 2021
Referred to the House Committee on Energy and Commerce.
Apr 21, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • April 20, 2021
    Introduced in House


  • April 20, 2021
    Referred to the House Committee on Energy and Commerce.


  • April 21, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.

Commerce

Congressional oversightEconomic performance and conditionsFederal Trade Commission (FTC)Government information and archivesGovernment studies and investigations

RECS Act

USA117th CongressHR-2676| House 
| Updated: 4/21/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 20, 2021
Introduced in House
Apr 20, 2021
Referred to the House Committee on Energy and Commerce.
Apr 21, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • April 20, 2021
    Introduced in House


  • April 20, 2021
    Referred to the House Committee on Energy and Commerce.


  • April 21, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.
Larry Bucshon

Larry Bucshon

Republican Representative

Indiana

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightEconomic performance and conditionsFederal Trade Commission (FTC)Government information and archivesGovernment studies and investigations