1. Short title This Act may be cited as the Federal Trade Commission Review of Expensive and Detrimental Overregulation Act or the FTC REDO Act . 2. Motor Vehicle Dealers Trade Regulation Rule (a) Prohibition The Commission may not finalize, implement, or enforce a covered proposed rule unless the Commission satisfies the requirements described in subsection (b), and any other requirements applicable under Federal law, with respect to the covered proposed rule. (b) Requirements for covered proposed rules (1) Requirements for issuance At least 30 days before publishing in the Federal Register a notice of proposed rulemaking with respect to a covered proposed rule, the Commission shall— (A) complete— (i) a quantitative study on automotive retailing that— (I) uses a statistically valid national sample size of purchasers and lessees of motor vehicles from motor vehicle dealers; (II) is noticed and subject to public comment for a period of not less than 30 days before publication; (III) is peer reviewed by an independent third party with knowledge of automotive retailing; and (IV) determines whether there is quantitative evidence of a prevalence of unfair or deceptive practices in automotive retailing that supports the necessity of the covered proposed rule; (ii) quantitative consumer testing that— (I) uses a statistically valid national sample size of purchasers and lessees of motor vehicles from motor vehicle dealers; (II) is noticed and subject to public comment for a period of not less than 30 days before publication; and (III) determines whether new mandates, including disclosures, under the covered proposed rule would— (aa) enhance consumer understanding, education, and protection; and (bb) not unduly impair legitimate business activity, including as compared to alternative approaches that may provide similar benefits