Site icon Personal Finance News

Robocall Fines Rise to $10,000 Per Call Under Newly Passed Law

After months of negotiations, Congress approved a landmark bill on Thursday to stop the flood of illegal robocalls. The president is expected to sign it into law within the next few days. The Verge reports:

The Telephone Robocall Abuse Criminal Enforcement and Deterrence Act, or the TRACED Act, empowers the federal government with new abilities to go after illegal robocallers. Once TRACED is enacted, the Federal Communications Commission could fine robocallers up to $10,000 per call. It also would require major carriers like AT&T, Verizon, and T-Mobile to deploy a new technology called STIR/SHAKEN into their networks, which will make it easier for consumers to know if they’re receiving a call from a spoofed number.

The House voted overwhelmingly to approve the measure earlier this month, and Thursday’s unanimous Senate vote means the bill only requires President Trump’s signature to become law. Rep. Mike Doyle (D-PA) said that the bill should be signed into law within the “next week or so.”

Exit mobile version