H.R. 5502 · 117th Congress
INFORM Consumers Act
- Stage
- Passed a chamber
- Sponsor
- Jan Schakowsky
- Introduced
- 2021-10-05
- Latest action
- 2022-11-17 · Pursuant to section 2 of H. Res. 1464, and the motion offered by Mr. Carter (LA), the following bills passed under suspension of the rules: H.R. 4275, as amended; H.R. 5502, as amended; H.R. 5721, as amended; H.R. 6290, as amended; H.R. 7277, as amended; H.R. 7299, as amended; and H.R. 8416, as amended.
Summary
This bill requires online marketplaces (e.g., Amazon) to collect and verify certain contact and financial information from third-party sellers whose transactions and related revenues exceed specified thresholds.
Subject to certain exceptions, online marketplaces must clearly and conspicuously disclose the contact information of certain high-volume third-party sellers to consumers and must also provide consumers with methods to report suspicious activity on the marketplace.
The bill provides the Federal Trade Commission and state attorneys general with the authority to enforce these requirements.