H.R. 5230 · 114th Congress
Anti-Pyramid Promotional Scheme Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BlackburnSponsor30 cosponsors · 9 D, 21 R
D
Veasey
BH
R
Huizenga
RE
R
Ellmers
BL
D
Lawrence
BT
D
Thompson
TW
R
Walberg
JB
R
Barton
EJ
D
Johnson
LL
R
Lance
MP
R
Pompeo
PS
R
Sessions
DN
R
Newhouse
LB
R
Bucshon
TC
D
Cárdenas
DB
R
Benishek
HC
D
Cuellar
JC
R
Chaffetz
BF
R
Flores
RH
D
Hinojosa
JB
D
Beatty
JM
R
Moolenaar
EW
R
Whitfield
CC
R
Collins
CS
R
Stewart
ML
R
Love
GN
D
Napolitano
RB
R
Bishop
MS
R
Salmon
CF
R
Fleischmann
SS
R
Stivers1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill prohibits the establishment, operation, or promotion of a pyramid promotional scheme, which is defined as a plan or operation by which a person gives consideration (money or other thing of value) to a participant in the scheme for the right to receive compensation derived primarily from the participant's introduction of another person into the…
What it does: CRS summary · Introduced in House · May 13, 2016
Anti-Pyramid Promotional Scheme Act of 2016
This bill prohibits the establishment, operation, or promotion of a pyramid promotional scheme, which is defined as a plan or operation by which a person gives consideration (money or other thing of value) to a participant in the scheme for the right to receive compensation derived primarily from the participant's introduction of another person into the plan or operation rather than from the sale of products to ultimate users.
The bill grants enforcement authority to the Federal Trade Commission and requires violations to be treated as unfair or deceptive acts or practices under the Federal Trade Commission Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Anti-Pyramid Promotional Scheme Act of 2016
Latest action (May 20, 2016): Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Policy area: Commerce · Origin: House · Introduced: May 13, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.