H.R. 5093: TIME Act
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H.R. 5093: TIME Act
114th Congress · introduced 2016-04-28 · Commerce · Latest: Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
federal
Follow this bill, step by step
- Where it came from: introduced 2016-04-28 · official record
- Who proposed it: Rep. Burgess, Michael C. [R-TX-26] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Commerce, Manufacturing, and Trade. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
TIME Act
Plain summary
Technological Innovation through Modernizing Enforcement Act or the TIME Act This bill amends the Federal Trade Commission Act to require any consent order entered into by the Federal Trade Commission (FTC) to include a termination clause providing for the order to expire not later than eight years after it is entered into, unless it relates to alleged fraud by an entity subject to the order and requires a longer time limit. In determining the time limit, the FTC must consider: (1) the impact of technological progress on the order's continuing relevance; and (2) whether an entity, without a consent order beyond eight years, would engage in activities that violate laws against unfair methods of competition, or against unfair or deceptive acts or practices, in or affecting commerce. A consent order longer than five years that is unrelated to alleged fraud by the entity must include a clause providing for the FTC to review the order five years after it is entered into. The bill also allows entities subject to a consent order that is unrelated to alleged fraud and has been effective for at least five years to petition the FTC to terminate the order. If the FTC determines that such a consent order no longer serves its purposes, the FTC shall terminate the order.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Burgess, Michael C. [R-TX-26] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Pete Sessions (R-TX)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr5093.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>
Record fed-us-cong114-hr5093 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114