Vote No. 116

Motion by Mr. Burgess to amend the rule to H.R. 2668 to make in order amendment #2, offered by Rep. Bilirakis (FL), which clarifies the FTC may only seek restitution and disgorgement in cases involving unfair or deceptive acts or practices in which a reasonable person would have known the potential violation under consideration was unfair or deceptive, and reduces the statute of limitations from 10 years to 5 years but also includes an avenue to allow the FTC to seek equitable relief with respect to violations where a corporation engaged in intentionally deceptive or fraudulent conduct that prevented the Commission from bringing the suit within the 5 year statute of limitations. Defeated: 4–9