IL HB5578 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2022 - 25% progression, died in committee
Action: 2022-01-31 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Information Disclosure by Online Marketplaces Act. Provides that a third-party seller who, in any continuous 12-month period during the immediately preceding 24 months, has engaged in at least 200 discrete sales or transactions of new or unused consumer products that have resulted in a total of at least $20,000 in gross revenues shall provide an online marketplace with specified information within 24 hours after becoming a high-volume third-party seller. Provides that an online marketplace shall verify information provided by the high-volume third-party seller. Provides that for consumer products offered for sale on an online marketplace by a high-volume third-party seller, the online marketplace shall disclose specified information in a conspicuous manner. Provides that the Department of Labor may adopt rules necessary to implement the Act.

Tracking Information

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Title

DISCOLSURE ONLINE MARKETPLACES

Sponsors


History

DateChamberAction
2022-01-31HouseReferred to Rules Committee
2022-01-31HouseFirst Reading
2022-01-28HouseFiled with the Clerk by Rep. Ann M. Williams

Illinois State Sources


Bill Comments

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