H.R. 2677 · 117th Congress
TIME Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BurgessSponsorNo cosponsors.
Technological Innovation through Modernizing Enforcement Act or the TIME Act
What it does: CRS summary · Introduced in House · Apr 20, 2021
Technological Innovation through Modernizing Enforcement Act or the TIME Act
This bill limits to a maximum of eight years the duration of consent orders entered into by the Federal Trade Commission.
Further, a consent order that is not related to fraud and is effective for more than five years must include a clause requiring the commission to evaluate the order after five years and terminate the order if it no longer serves its purpose. If an entity has been subject to such a consent order for at least five years, it may petition the commission to terminate the order.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: TIME Act
Also known as: Technological Innovation through Modernizing Enforcement Act
Latest action (Apr 21, 2021): Referred to the Subcommittee on Consumer Protection and Commerce.
Policy area: Commerce · Origin: House · Introduced: Apr 20, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.