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United States · Bill · S

S. 3 (115th)

Anti-Pyramid Promotional Scheme Act of 2018

referredUnited States· United States Congress· EN

Introduced

3 December 2018

Last action

3 December 2018 · Introduced

Status

Read twice and referred to the Committee on Commerce, Science, and Transportation.

Sponsors

Sen. Hatch, Orrin G. [R-UT]

Subjects

Discovery layer

Source updated

11 December 2025

Summary

Anti-Pyramid Scheme Act of 2018 This bill amends the Federal Trade Commission Act to make it unlawful for any person to establish, operate, or promote a pyramid promotional scheme. "Pyramid promotional scheme" means any plan or operation in which individuals pay consideration for the right to receive compensation that is based upon recruiting other individuals into the plan or operation rather than primarily related to the sale of products or services to ultimate users. Furthermore, any person who establishes, operates, or promotes any plan or operation that sells or solicits the sale of consumer products or services in the home or otherwise outside of a permanent retail establishment, and that sells products or services to independent salespeople, shall have a bona fide inventory repurchase agreement. A violation of the bill shall be treated under the Act as an unfair or deceptive act or practice in, or affecting, commerce.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 December 2018

    Introduced

    Read twice and referred to the Committee on Commerce, Science, and Transportation.

    Source: IntroReferral

  2. 3 December 2018

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 3 December 2018

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 3 December 2018

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 3 December 2018

    Open at official source

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Sponsors

Related records

Sources

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