Sec. 5. Reports
222 words·~1 min read·
/bill/119/s/4038/is/section-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 1 year after the date of the enactment of this Act, and annually thereafter, the United States International Trade Commission and the Commissioner of the Bureau of Labor Statistics shall jointly submit to Congress, and make available to the public, a report on the prices of goods sold by any entity that is not a small business concern, with a focus on identifying changes in the prices of covered goods. Before submitting the first report required by paragraph (1), the Commissioner of the Bureau of Labor Statistics shall identify whether the existing surveys of the Bureau collect sufficiently granular data with respect to pricing decisions and consumer prices to effectively identify price increases for covered goods.
If the Commissioner determines under subparagraph
(A)that the surveys of the Bureau are insufficient, the Bureau shall develop and include in such surveys new questions to collect the data necessary for the report required under paragraph (1). Not later than 1 year after the date of the enactment of this Act, and annually thereafter, the Commission shall submit to Congress, and make available to the public, a report on the enforcement activities of the Commission under this Act, which shall include an assessment of the impact of the enforcement of this Act on consumer prices, both for covered goods and all goods.