A bill to amend the Federal Trade Commission Act to prohibit pyramid promotional schemes to ensure that compensation is not based upon recruitment of participants into a plan or operation, but instead based primarily on sales to individuals who use, resell, or consume the products or services sold, protect participants, prohibit inventory loading, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Senator for Utah. Republican.
Last Updated: Dec 3, 2018
Length: 6 pages
115th Congress, 2017–2019
This bill was introduced on December 3, 2018, in a previous session of Congress, but was not enacted.
What legislators are saying
Dec 3, 2018
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
S. 3 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
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GovTrack.us. (2019). S. 3 — 115th Congress: Anti-Pyramid Promotional Scheme Act of 2018. Retrieved from https://www.govtrack.us/congress/bills/115/s3
“S. 3 — 115th Congress: Anti-Pyramid Promotional Scheme Act of 2018.” www.GovTrack.us. 2018. December 13, 2019 <https://www.govtrack.us/congress/bills/115/s3>
Anti-Pyramid Promotional Scheme Act of 2018, S. 3, 115th Cong..
|title=S. 3 (115th)
|accessdate=December 13, 2019
|author=115th Congress (2018)
|date=December 3, 2018
|quote=Anti-Pyramid Promotional Scheme Act of 2018
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