This bill, if passed, aims to regulate claims related to recycled content in products. It defines terms like "recycled," "post-consumer material," and "recycled content claim," while recognizing mass balance accounting as a method for substantiating recycled content claims. The bill prohibits misleading recycled content claims and fuels marketed as "recycled content." It also outlines the enforcement powers of the Federal Trade Commission and prohibits states from maintaining laws related to the prohibition and enforcement provisions of this Act. Additionally, it includes a provision to ensure that the bill doesn't affect other federal laws or regulations beyond what's expressly provided.