Referred to the Subcommittee on Consumer Protection and Commerce.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Apr 20, 2021
Technological Innovation through Modernizing Enforcement Act or the TIME Act
This bill limits to a maximum of eight years the duration of consent orders entered into by the Federal Trade Commission.
Further, a consent order that is not related to fraud and is effective for more than five years must include a clause requiring the commission to evaluate the order after five years and terminate the order if it no longer serves its purpose. If an entity has been subject to such a consent order for at least five years, it may petition the commission to terminate the order.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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