To amend the Federal Trade Commission Act to permit the Federal Trade Commission to enforce such Act against certain tax-exempt organizations.

Bill: 114-hr-5255
Sponsor: full_name: Rep. Rush, Bobby L. [D-IL-1]
Introduced: 2016-05-16
Policy area: Commerce
Subjects: Competition and antitrust

Federal Trade Commission (FTC)

Social work, volunteer service, charitable organizations

Tax-exempt organizations
Latest action: action_date: 2016-05-20
text: Referred to the Subcommittee on Commerce, Manufacturing, and Trade.

Summaries:
action_date: 2016-05-16
action_desc: Introduced in House
text: <p>This bill amends the Federal Trade Commission Act to provide the Federal Trade Commission with enforcement authority against certain tax-exempt nonprofit charitable organizations. </p>

tv_txt: I 114th CONGRESS 2d Session H. R. 5255 IN THE HOUSE OF REPRESENTATIVES May 16, 2016 Mr. Rush introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To amend the Federal Trade Commission Act to permit the Federal Trade Commission to enforce such Act against certain tax-exempt organizations.

1. Authority of Federal Trade Commission over certain tax-exempt organizations Section 4 of the Federal Trade Commission Act ( 15 U.S.C. 44 ) is amended, in the undesignated paragraph relating to the definition of the term Corporation — (1) by striking , and any and inserting , any ; and (2) by inserting before the period at the end the following: , and any organization described in section 501(c)(3) of the Internal Revenue Code of 1986 that is exempt from taxation under section 501(a) of such Code .