,,ii #aag? ,,congress #a/ ,session ,s4 #icf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #bc1 #bjba,mr4 ,durb9 7= himself1 ,mr4 ,cassidy1 ,mr4 ,grassley1 ,ms4 ,hirono1 ,mr4 ,coons1 & ,mr4 ,tillis7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to require onl9e m>ketplaces to collect1 v]ify1 & disclose c]ta9 in=mation reg>d+ high-volume ?ird p>ty sell]s ( consum] products to in=m consum]s4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,integrity1 ,notification1 & ,fairness 9 ,onl9e ,retail ,m>ketplaces = ,consum]s ,act or ! ,,in=m ,consum]s ,act4 #b4 ,collection1 v]ification1 & disclosure ( in=mation by onl9e m>ketplaces to in=m consum]s 7a7 ,collection & v]ification ( in=mation 7#a7 ,collection 7,a7 ,9 g5]al ,an onl9e m>ketplace %all require any high-volume ?ird p>ty sell] on su* onl9e m>ketplace's plat=m to provide1 n lat] ?an #b bus9ess days aft] qualify+ z a high-volume ?ird p>ty sell] on ! plat=m1 ! foll[+ in=mation to ! onl9e m>ketplace3 7i7 ,bank acc\nt 7,i7 ,9 g5]al ,a bank acc\nt numb]1 or1 if su* sell] does n h a bank acc\nt1 ! "n ( ! payee = paym5ts issu$ by ! onl9e m>ketplace to su* sell]4 7,,ii7 ,provision ( in=mation ,! bank acc\nt or payee in=mation requir$ "u subclause 7,i7 may be provid$ by ! sell] 9 ! foll[+ ways3 7aa7 ,to ! onl9e m>ketplace4 7bb7 ,to a paym5t processor or o!r ?ird p>ty contract$ by ! onl9e m>ketplace to ma9ta9 su* in=mation1 provid$ t ! onl9e m>ketplace ensures t x c obta9 su* in=mation on dem& f su* paym5t processor or o!r ?ird p>ty4 7ii7 ,contact in=mation ,contact in=mation = su* sell] z foll[s3 7,i7 ,) respect to a high-volume ?ird p>ty sell] t is an individual1 a copy ( a valid gov]nm5t-issu$ id5tification = ! individual t includes ! individual's "n & physical address4 7,,ii7 ,) respect to a high-volume ?ird p>ty sell] t is n an individual1 "o ( ! foll[+ =ms ( contact in=mation3 7aa7 ,a copy ( a valid gov]nm5t-issu$ id5tification = an individual act+ on behalf ( su* sell] t includes ! individual's "n & physical address4 7bb7 ,a copy ( a valid gov]nm5t-issu$ record or tax docum5t t includes ! bus9ess "n & physical address ( su* sell]4 7iii7 ,tax ,,id ,a bus9ess tax id5tification numb]1 or1 if su* sell] does n h a bus9ess tax id5tification numb]1 a taxpay] id5tification numb]4 7iv7 ,work+ email & phone numb] ,a curr5t work+ email address & phone numb] = su* sell]4 7,b7 ,notification ( *ange2 annual c]tification 7i7 ,9 g5]al ,an onl9e m>ketplace %all require any high-volume ?ird p>ty sell] on su* onl9e m>ketplace's plat=m to promptly notify ! onl9e m>ketplace ( any *ange to ! in=mation collect$ "u subp>agraph 7,a74 7ii7 ,annual c]tification ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act & annually !reaft]1 an onl9e m>ketplace %all-- 7,i7 in=m any high-volume ?ird p>ty sell] on su* onl9e m>ketplace's plat=m ( ! notification requirem5t describ$ 9 clause 7i72 & 7,,ii7 in/ruct any su* sell] to electronically c]tify1 n lat] ?an #c bus9ess days aft] receiv+ su* in/ruction1 t-- 7aa7 !re h be5 no *anges to su* sell]'s in=mation2 or 7bb7 su* sell] has provid$ any *anges to su* in=mation to ! onl9e m>ketplace4 7iii7 ,susp5sion ,9 ! ev5t t an onl9e m>ketplace does n receive ! annual c]tification f a high-volume ?ird p>ty sell] requir$ "u clause 7ii71 ! onl9e m>ketplace %all susp5d any future sales activity ( su* sell] or any paym5ts to su* sell] = prior sales activity until su* sell] provides su* c]tification4 7#b7 ,v]ification 7,a7 ,9 g5]al ,an onl9e m>ketplace %all-- 7i7 v]ify ! in=mation collect$ "u p>agraph 7#a77;,a7 n lat] ?an #c bus9ess days aft] su* collection2 & 7ii7 v]ify any *ange to su* in=mation n lat] ?an #c bus9ess days aft] be+ notifi$ ( su* *ange by a high-volume ?ird p>ty sell] "u p>agraph 7#a77;,b74 7,b7 ,presumption ( v]ification ,9 ! case ( a high-volume ?ird p>ty sell] t provides a copy ( a valid gov]nm5t-issu$ tax docum5t1 any in=mation conta9$ 9 su* docum5t %all be presum$ to be v]ifi$ z ( ! date ( issuance ( su* docum5t4 7b7 ,disclosure requir$ 7#a7 ,requirem5t 7,a7 ,9 g5]al ,an onl9e m>ketplace %all-- 7i7 require any high-volume ?ird p>ty sell] on su* onl9e m>ketplace's plat=m to provide ! in=mation describ$ 9 subp>agraph 7,b7 to ! onl9e m>ketplace2 & 7ii7 disclose ! in=mation describ$ 9 subp>agraph 7,b7 to consum]s 9 a cle> & conspicu\s mann] on ! product li/+ or 7= in=mation o!r ?an su* sell]'s id5tification7 ?r\gh a cle> & conspicu\sly plac$ l9k on ! product li/+ or 9 close proximity to ! physical product4 7,b7 ,in=mation describ$ ,! in=mation describ$ 9 ?is subp>agraph is ! foll[+3 7i7 ,subject to p>agraph 7#b71 ! id5tity ( ! high-volume ?ird p>ty sell]1 includ+-- 7,i7 ! full "n ( ! sell]2 7,,ii7 ! physical address ( ! sell]2 7,,iii7 :e!r ! sell] also engages 9 ! manufactur+1 import+1 or resell+ ( consum] products2 & 7,,iv7 contact in=mation = ! sell]1 includ+-- 7aa7 a curr5t work+ phone numb]2 & 7bb7 a curr5t work+ email address or o!r means ( electronic messag+ 7:i* may be provid$ to su* sell] by ! onl9e m>ketplace74 7ii7 ,! id5tification ( any sell] t supplies ! consum] product to ! consum] ^u pur*ase1 if su* sell] is diff]5t ?an ! high-volume ?ird p>ty sell] li/$ on ! product li/+ prior to pur*ase4 7#b7 ,exception 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ^u ! reque/ ( a high-volume ?ird p>ty sell]1 an onl9e m>ketplace may provide = p>tial disclosure ( ! id5tity in=mation requir$ "u p>agraph 7#a77;,b77i7 9 ! foll[+ situations3 7i7 ,if su* sell] c]tifies to ! onl9e m>ketplace t ! sell] does n h a bus9ess address & only has a resid5tial /reet address1 ! onl9e m>ketplace may-- 7,i7 disclose only ! c\ntry &1 if applicable1 ! ,/ate 9 :i* su* sell] resides2 & 7,,ii7 in=m consum]s t !re is no bus9ess address available = ! sell] & t consum] inquiries %\ld be submitt$ to ! sell] by phone1 email1 or o!r means ( electronic messag+ provid$ to su* sell] by ! onl9e m>ketplace4 7ii7 ,if su* sell] c]tifies to ! onl9e m>ketplace t ! sell] is a bus9ess t has a physical address = product returns1 ! onl9e m>ketplace may disclose ! sell]'s physical address = product returns4 7iii7 ,if su* sell] c]tifies to ! onl9e m>ketplace t ! sell] does n h a phone numb] o!r ?an a p]sonal phone numb]1 ! onl9e m>ketplace %all in=m consum]s t !re is no phone numb] available = ! sell] & t consum] inquiries %\ld be submitt$ to ! sell]'s email address or o!r means ( electronic messag+ provid$ to su* sell] by ! onl9e m>ketplace4 7,b7 ,limitation on exception ,if an onl9e m>ketplace becomes aw>e t a high-volume ?ird p>ty sell] has made a false repres5tation to ! onl9e m>ketplace 9 ord] to ju/ify ! provision ( a p>tial disclosure "u subp>agraph 7,a7 or t a high-volume ?ird p>ty sell] :o has reque/$ & receiv$ a provision = a p>tial disclosure "u subp>agraph 7,a7 has n provid$ responsive answ]s )9 a reasonable "t frame to consum] inquiries submitt$ to ! sell] by phone1 email1 or o!r means ( electronic messag+ provid$ to su* sell] by ! onl9e m>ketplace1 ! onl9e m>ketplace %all susp5d ! sell+ privileges ( su* sell] unless su* sell] cons5ts to ! disclosure ( ! id5tity in=mation requir$ "u p>agraph 7#a77;,b77i74 7#c7 ,report+ me*anism ,an onl9e m>ketplace %all disclose to consum]s 9 a cle> & conspicu\s mann] on ! product li/+ ( any high-volume ?ird p>ty sell]-- 7,a7 a report+ me*anism t all[s = electronic & telephonic report+ ( suspici\s m>ketplace activity to ! onl9e m>ketplace2 & 7,b7 a message enc\rag+ consum]s seek+ goods = pur*ase to report suspici\s m>ketplace activity to ! onl9e m>ketplace4 7#d7 ,compliance ,if a high-volume ?ird p>ty sell] does n comply ) ! requirem5ts to provide & disclose in=mation "u ?is subsection1 ! onl9e m>ketplace %all susp5d any future sales activity ( su* sell] or any paym5ts to su* sell] = prior sales activity until su* sell] complies ) su* requirem5ts4 7c7 ,en=cem5t 7#a7 ,unfair & deceptive acts or practices ,a violation ( subsection 7a7 or 7b7 by an onl9e m>ketplace %all be treat$ z a violation ( a rule def9+ an unfair or deceptive act or practice prescrib$ "u section #ah7;a77#a77;,b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #eg;a7a77#a77;,b774 7#b7 ,p[]s ( ! ,commission 7,a7 ,9 g5]al ,! ,commission %all en=ce ?is ,act 9 ! same mann]1 by ! same means1 & ) ! same jurisdiction1 p[]s1 & duties z ?\gh all applicable t]ms & provisions ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq47 7 incorporat$ into & made a "p ( ?is ,act4 7,b7 ,privileges & immunities ,any p]son t violates subsection 7a7 or 7b7 %all be subject to ! p5alties1 & entitl$ to ! privileges & immunities1 provid$ 9 ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq474 7#c7 ,regulations ,! ,commission may promulgate regulations "u section #eec ( title #e1 ,unit$ ,/ates ,code1 ) respect to ! collection1 v]ification1 or disclosure ( in=mation "u ?is section1 provid$ t su* regulations are limit$ to :at is necess>y to collect1 v]ify1 & disclose su* in=mation4 7#d7 ,au?ority pres]v$ ,no?+ 9 ?is ,act %all be con/ru$ to limit ! au?ority ( ! ,commission "u any o!r provision ( law4 7d7 ,sev]ability ,if any provision ( ?is section1 or ! application !re( to any p]son or circum/ance1 is held invalid1 ! rema9d] ( ?is section & ! application ( su* provision to o!r p]sons n simil>ly situat$ or to o!r circum/ances %all n be affect$ by ! invalidation4 7e7 ,def9itions ,9 ?is ,act3 7#a7 ,commission ,! t]m ,commission means ! ,f$]al ,trade ,commission4 7#b7 ,consum] product ,! t]m consum] product has ! mean+ giv5 su* t]m 9 section #aja ( ! ,magnuson-,moss ,w>ranty--,f$]al ,trade ,commission ,improvem5t ,act 7#ae ,u4,s4,c4 #bcja note7 & section #gjj4a ( title #af1 ,code ( ,f$]al ,regulations4 7#c7 ,high-volume ?ird p>ty sell] ,! t]m high-volume ?ird p>ty sell] means a p>ticipant on an onl9e m>ketplace's plat=m :o is a ?ird p>ty sell] & :o1 9 any cont9u\s #ab-mon? p]iod dur+ ! previ\s #bd mon?s1 has ent]$ into #bjj or m discrete sales or transactions ( new or unus$ consum] products result+ 9 ! accumulation ( an aggregate total ( #e1jjj or m 9 gross rev5ues4 7#d7 ,onl9e m>ketplace ,! t]m onl9e m>ketplace means any p]son or entity t op]ates an electronically bas$ or access$ plat=m t-- 7,a7 includes features t all[ =1 facilitate1 or enable ?ird p>ty sell]s to engage 9 ! sale1 pur*ase1 paym5t1 /orage1 %ipp+1 or deliv]y ( a consum] product 9 ! ,unit$ ,/ates2 & 7,b7 is us$ by "o or m ?ird p>ty sell]s = su* purposes4 7#e7 ,sell] ,! t]m sell] means a p]son :o sells1 (f]s to sell1 or contracts to sell a consum] product ?r\gh an onl9e m>ketplace's plat=m4 7#f7 ,?ird p>ty sell] 7,a7 ,9 g5]al ,! t]m ?ird p>ty sell] means any sell]1 indep5d5t ( an onl9e m>ketplace1 :o sells1 (f]s to sell1 or contracts to sell a consum] product 9 ! ,unit$ ,/ates ?r\gh su* onl9e m>ketplace's plat=m4 7,b7 ,exclusions ,! t]m ?ird p>ty sell] does n include1 ) respect to an onl9e m>ketplace1 a sell]-- 7i7 :o op]ates ! onl9e m>ketplace's plat=m2 or 7ii7 :o-- 7,i7 is a bus9ess entity t has made available to ! g5]al public ! entity's "n1 bus9ess address1 & work+ contact in=mation2 7,,ii7 has an ongo+ contractual relation%ip ) ! onl9e m>ketplace to provide = ! manufacture1 di/ribution1 :olesal+1 or fulfillm5t ( %ipm5ts ( consum] products2 & 7,,iii7 has provid$ to ! onl9e m>ketplace id5tify+ in=mation1 z describ$ 9 subsection 7a71 t has be5 v]ifi$ 9 accordance ) t subsection4 7#g7 ,v]ify ,! t]m v]ify means to confirm in=mation provid$ to an onl9e m>ketplace pursuant to ?is section by ! use ( "o or m me?ods t enable ! onl9e m>ketplace to reliably det]m9e t any in=mation & docum5ts provid$ are valid1 correspond+ to ! sell] or an individual act+ on ! sell]'s behalf1 n misappropriat$1 & n falsifi$4 #c4 ,effective date ,?is ,act %all take effect #ahj days aft] ! date ( ! enactm5t ( ?is ,act4