H.R. 7096, named the "Consumer Advocacy and Protection Act" or the "CAP Act," proposes to amend the Consumer Product Safety Act by increasing the maximum civil penalties for violations of product safety standards. The bill raises the cap for a single violation from $100,000 to $250,000 and...
Simple Explanation
The Consumer Advocacy and Protection Act wants to make companies pay more money if they break product safety rules. It suggests increasing the money a company pays for one mistake and taking away the limit when there are lots of mistakes, while also changing the amount every year based on how prices change.