3.0.0 5136 2023-01-11T13:31:31Z 2023-01-11T13:31:31Z House HR 2016-04-29 114 [Congressional Record Volume 162, Number 67 (Friday, April 29, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POMPEO:H.R. 5136.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 18 of the United StatesConstitution, in that the legislation exercises legislativepower granted to Congress by that clause ``to make all Lawswhich shall be necessary and proper for carrying intoExecution the foregoing Powers, and all other Powers vestedby this Constitution in the Government of the United States,or in any Department or Officer thereof.''[Page H2150]]]> hsif00 Energy and Commerce Committee House Standing hsif17 Innovation, Data, and Commerce Subcommittee Referred to 2016-05-06T20:51:24Z Referred to 2016-04-29T13:01:45Z 2016-05-06 hsif17 Innovation, Data, and Commerce Subcommittee 1 House committee actions Referred to the Subcommittee on Commerce, Manufacturing, and Trade. Committee 2016-04-29 Referred to the House Committee on Energy and Commerce. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2016-04-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-04-29 Introduced in House IntroReferral 1000 9 Library of Congress P000602 Rep. Pompeo, Mike [R-KS-4] Mike Pompeo R KS 4 N S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2016-09-07 False Commerce Administrative law and regulatory procedures Economic performance and conditions Federal Trade Commission (FTC) Government information and archives Commerce 00 2016-04-29 Introduced in House 2016-06-10T22:08:37Z 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.

]]> RECS Act Display Title RECS Act Official Title as Introduced To amend the Federal Trade Commission Act to require that any legislative or regulatory recommendation of the Federal Trade Commission be accompanied by an economic analysis and include a description of the rationale for such legislation or regulation. Introduced in House IH Short Titles as Introduced RECS Act Short Titles as Introduced Revealing Economic Conclusions for Suggestions Act Introduced in House 2016-04-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5136ih/xml/BILLS-114hr5136ih.xml 2016-05-06 Referred to the Subcommittee on Commerce, Manufacturing, and Trade. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.