Federal Trade Commission Reauthorization Act of 2008
Latest action · Apr 8, 2008 Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S2754-2756)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 8, 2008
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Federal Trade Commission Reauthorization Act of 2008 - Amends the Federal Trade Commission Act to authorize appropriations to carry out the powers and duties of the Federal Trade Commission (FTC) and to improve technology regarding the FTC's competition and consumer protection missions.
Authorizes the FTC to directly handle civil actions under the Act or to request the Attorney General do so.
Allows the FTC to give appointment preference to administrative judges with antitrust or trade regulation litigation and related economic analysis experience.
Permits the FTC to commence a civil action to recover civil penalties in a district court for any violation of the Act.
Permits the FTC to enforce the Act against nonprofit organizations.
Authorizes the FTC to operate under general federal law rulemaking and judicial review provisions instead of under rulemaking provisions of the Act.
Requires that the FTC, notwithstanding any other provision of law, conduct rulemaking proceedings regarding subprime mortgage lending and nontraditional mortgage loans in accordance with such general rulemaking and judicial review provisions.
Transfers to each federal banking agency, with respect to depository institutions, the authority to prescribe regulations governing unfair or deceptive practices by banks and savings and loan institutions currently vested in the Board of Governors of the Federal Reserve System (regarding banks) and the Federal Home Loan Bank Board (regarding savings and loan institutions).
Allows a state, except during an FTC action, to bring an action to enforce the Act or any other Act enforced by the FTC regarding violation of an FTC subprime mortgage lending or nontraditional mortgage loan rule.
Amends the Telemarketing and Consumer Fraud and Abuse Prevention Act to state that more restrictive state laws are not preempted.
Provides for an FTC study of alcoholic beverage marketing.
Amends the Federal Trade Commission Act to remove references to the Communications Act of 1934 from the definition of "Acts to regulate commerce."
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Apr 8, 2008 to Apr 9, 2008; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-HI | Daniel K. Inouye | Original | Apr 8, 2008 |
| D-MO | Claire McCaskill | Apr 9, 2008 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Commerce, Science, and Transportation Committee | Referred Apr 8, 2008 |
Actions 3
Everything that happened, newest first.
- Apr 8, 2008Introduced in Senate
- Apr 8, 2008Sponsor introductory remarks on measure. (CR S2754)
- Apr 8, 2008Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S2754-2756)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S2754Text printed S2754–S2756 | Byron L. Dorgan D-ND (text) | Apr 8, 2008 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 3
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| — | FINANCIAL SERVICES AND GENERAL GOVERNMENT APPROPRIATIONS FOR FISCAL YEAR 200948 pages | Appropriations Committee | May 14, 2008 |
| S. Hrg. 110-1157 | IMPROVING CONSUMER PROTECTIONS IN SUBPRIME LENDING73 pages | Commerce, Science, and Transportation Committee | Apr 29, 2008 |
| S. Hrg. 110-735 | FINANCIAL SERVICES AND GENERAL GOVERNMENT APPROPRIATIONS FOR FISCAL YEAR 2009431 pages | Appropriations Committee | Mar 5, 2008–May 14, 2008 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to reauthorize the Federal Trade Commission, and for other purposes.
- Short Titles as Introduced
- Federal Trade Commission Reauthorization Act of 2008
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
- Administrative law judges
- Administrative procedure
- Agriculture and Food
- Alcoholic beverages
- Antitrust law
- Authorization
- Civil actions and liability
- Commerce
- Consumer protection
- Economics and Public Finance
- Economists
- Federal preemption
- Federal Trade Commission
- Finance and Financial Sector
- Government Operations and Politics
- Governmental investigations
- Housing and Community Development
- Independent regulatory commissions
- Judicial review
- Law
- Mortgage interest rates
- Mortgages
- Nonprofit organizations
- Restrictive trade practices
- Savings and loan associations
- Social Welfare
- State laws
- Telemarketing
Text 1
Each version as it was printed, newest first.
- Apr 8, 2008Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
