RECS Act

Summary

Revealing Economic Conclusions for Suggestions Act or the RECS Act This bill amends the Federal Trade Commission Act to prohibit the Federal Trade Commission (FTC) from submitting legislative or regulatory recommendations without an economic analysis by the FTC's Bureau of Economics sufficient to demonstrate that: (1) the FTC has identified a problem it determines should be addressed, including the rationale for the FTC's determination that private markets or public institutions could not adequately address the issue; and (2) the recommendation is based on a reasoned determination that its benefits outweigh its costs.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 April 2016

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• Introduced in House (PDF)

  Introduced in House · EN · 29 April 2016

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• Introduced in House

  summary · EN · 29 April 2016

  Open at official source

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