Consumer Protection and Recovery Act

This bill amends the Federal Trade Commission Act to state that the Federal Trade Commission (FTC) can sue in federal court to seek permanent injunctions and other equitable relief against those who have violated or are violating laws the FTC enforces. In these suits, courts could order restitution, contract rescission or reformation, refunds, return of property, and disgorgement of unjust gains. Amounts ordered as disgorgement would be reduced by amounts paid or property returned as restitution or refunds. Relief would be limited to violations within 10 years before the suit is filed, not counting time the person was outside the United States. The changes would apply to cases pending on or started after the date the law is enacted.

Full text and official record on Congress.gov

Sponsors

• Janice D. Schakowsky Democrat sponsor
• 2 cosponsors