Shrinkflation Reduction Act

Bill: 118-hr-9279
Sponsor: full_name: Rep. Omar, Ilhan [D-MN-5]
Introduced: 2024-08-02
Policy area: Commerce
Latest action: action_date: 2024-08-02
text: Referred to the House Committee on Energy and Commerce.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 9279 IN THE HOUSE OF REPRESENTATIVES August 2, 2024 Ms. Omar (for herself, Ms. Norton , Mrs. Watson Coleman , Mr. Carson , Mr. Jackson of Illinois , Mr. Casar , Ms. Tlaib , Mr. Bowman , Ms. Lee of Pennsylvania , Ms. Bush , Mrs. Ramirez , Mr. Cleaver , Mrs. Foushee , Mr. Horsford , Ms. Kaptur , Mr. Tonko , and Mr. García of Illinois ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To direct the Federal Trade Commission to issue regulations with respect to shrinkflation transparency, and for other purposes.

1. Short title This Act may be cited as the Shrinkflation Reduction Act . 2. FTC regulations with respect to shrinkflation transparency (a) Requirement Not later than 1 year after the date of the enactment of this Act, the Commission shall promulgate, under section 553 of title 5, United States Code, regulations to ensure that a manufacturer incorporates, on the packaging of each consumer product of the manufacturer with respect to which the manufacturer has engaged in shrinkflation, labeling to inform consumers of such shrinkflation. (b) Enforcement by Commission (1) Unfair or deceptive acts or practices A violation of a regulation promulgated under subsection (a) shall be treated as a violation of a rule defining an unfair or deceptive act or practice under section 18(a)(1)(B) of the Federal Trade Commission Act ( 15 U.S.C. 57a(a)(1)(B) ). (2) Powers of the commission The Commission shall enforce the regulations promulgated under subsection (a) in the same manner, by the same means, and with the same jurisdiction, powers, and duties as though all applicable terms and provisions of the Federal Trade Commission Act ( 15 U.S.C. 41 et seq. ) were incorporated into and made a part of this Act. Any person who violates a regulation promulgated under subsection (a) shall be subject to the penalties and entitled to the privileges and immunities provided in the Federal Trade Commission Act ( 15 U.S.C. 41 et seq. ). (3) Authority preserved Nothing in this Act may be construed to limit the authority of the Commission under any other provision of law. (c) Authorization of appropriations There is authorized to be appropriated to carry out this section $1,000,000. (d) Definitions In this section: (1) Commission The term Commission means the Federal Trade Commission. (2) Consumer product The term consumer product has the meaning given such term in section 101 of the Magnuson-Moss Warranty—Federal Trade Commission Improvement Act ( 15 U.S.C. 2301 ). (3) Shrinkflation (A) In general The term shrinkflation means the practice of downsizing, including by reducing the amount or size of, a consumer product while not decreasing the price of such product by a commensurate amount. (B) Modifications The Commission may promulgate, under section 553 of title 5, United States Code, regulations to modify the definition in subparagraph (A) as the Commission considers appropriate.