There is 1 version of this bill. View text

Click the check-box to add or remove the section, click the text link to scroll to that section.
Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Anti-Pyramid Promotional Scheme Act of 2016

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To prohibit pyramid promotional schemes, and for other purposes.

Actions Overview (1)

05/13/2016Introduced in House

All Actions (3)

05/20/2016Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Action By: Committee on Energy and Commerce
05/13/2016Referred to the House Committee on Energy and Commerce.
Action By: House of Representatives
05/13/2016Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Energy and Commerce05/13/2016 Referred to
House Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade05/20/2016 Referred to

No related bill information was received for H.R.5230.

Subjects (4)

Latest Summary (1)

There is one summary for H.R.5230. View summaries

Shown Here:
Introduced in House (05/13/2016)

Anti-Pyramid Promotional Scheme Act of 2016

This bill prohibits the establishment, operation, or promotion of a pyramid promotional scheme, which is defined as a plan or operation by which a person gives consideration (money or other thing of value) to a participant in the scheme for the right to receive compensation derived primarily from the participant's introduction of another person into the plan or operation rather than from the sale of products to ultimate users.

The bill grants enforcement authority to the Federal Trade Commission and requires violations to be treated as unfair or deceptive acts or practices under the Federal Trade Commission Act.