Statement of Commissioner Rebecca Kelly Slaughter Regarding the Final Trade Regulation Rule Concerning Recurring Subscriptions and Other Negative Option Programs References Delegate Maldonado's HB744

In the 2024 legislative session, Delegate Maldonado passed HB 744 protecting individuals and small business from surprise contract and subscription auto renewals. In Commissioner Slaughter's public statement, she noted "This spring ... in a show of bipartisanship, Virginia Governor Glenn Youngkin signed into law legislation sponsored by Delegate Michelle Lopes Maldonado, H.B. 744, which requires that subscriptions that renew annually provide to the consumer a notice of the upcoming renewal and the opportunity to cancel via between 30 and 60 days before the consumer is charged for the renewal. The comment record compiled in this rulemaking proceeding strongly supports the wisdom of federal and state legislators’ carefully considering adopting such a law...."

To read the full statement, click here: https://www.ftc.gov/system/files/ftc_gov/pdf/slaughter-statement-negative-option-rule.pdf