SURE Act
- Last Action
- 4/21/2021
Actions
- 2021-04-21Referred to the Subcommittee on Consumer Protection and Commerce.
- 2021-04-20Referred to the House Committee on Energy and Commerce.
- 2021-04-20Introduced in House
- 2021-04-20Introduced in House
CRS Summary
As of 2021-04-20 (00)
Statement on Unfairness Reinforcement and Emphasis Act or the SURE Act
This bill provides statutory authority for the factors that the Federal Trade Commission must consider when determining whether a practice causes or is likely to cause a substantial injury to consumers (the factors generally mirror the current policy of the commission).
For example, the commission must consider whether the practice results in monetary harm, unwarranted health or safety risk, and only emotional or subjective harm. Further, to be considered an unfair practice, the net effects (including consideration of the costs for a remedy and the resulting burden on society from making the practice unlawful) must cause injury.
The commission also must consider an economic analysis from the Bureau of Economics.
Subjects
- Consumer affairs
- Economic performance and conditions
- Evidence and witnesses
- Government studies and investigations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.