H.R. 2668 would restore the Federal Trade Commission’s (FTC’s) authority to obtain monetary relief through restitution or disgorgement. When the FTC cannot return that relief to harmed consumers, the money is remitted to the Treasury as revenues. Using information from the FTC on the amount of revenues remitted to the Treasury prior to the decision in AMG Capital Management, LLC v. FTC., CBO estimates those additional revenues would total about $4 million per year. Because the collection of those amounts would reduce the base of income and payroll taxes, that authority would lead to reductions in revenues from income and payroll taxes. As a result, the gross collections under the bill would be partially offset by a loss of receipts. On that basis, CBO estimates that enacting H.R. 2668 would increase net revenues by $29 million over the 2021-2031 period.
