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INFORM Consumers Act

USA117th CongressS-936| Senate 
| Updated: 3/23/2021
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (9)
Bill Cassidy (Republican)Mazie K. Hirono (Democratic)Thomas Tillis (Republican)Christopher A. Coons (Democratic)Amy Klobuchar (Democratic)Chuck Grassley (Republican)Marco Rubio (Republican)Raphael G. Warnock (Democratic)Richard Blumenthal (Democratic)

Commerce, Science, and Transportation Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act or the INFORM Consumers Act This bill requires online marketplaces to collect, verify, and disclose certain information from high-volume, third-party sellers. High-volume, third-party sellers include online marketplace participants that conduct 200 or more transactions resulting in total revenues of $5,000 or more during a continuous 12-month period. Online marketplaces must acquire these sellers' (1) bank account numbers, (2) government-issued identification, (3) tax identification numbers, and (4) contact information. Online marketplaces must verify this information and annually certify any changes to it. Further, online marketplaces must make certain information (e.g., sellers' names and contact information) available to consumers through the sellers' product listings and provide consumers with methods to report electronically and by telephone any suspicious activity on the marketplace. The bill provides the Federal Trade Commission with the authority to enforce these requirements.
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Timeline

Bill from Previous Congress

S 116-3431
INFORM Consumers Act
Mar 23, 2021
Introduced in Senate
Mar 23, 2021
Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S1712-1713)
Nov 17, 2022

Latest Companion Bill Action

HR 117-5502
Passed/agreed to in House: 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.
  • Bill from Previous Congress

    S 116-3431
    INFORM Consumers Act


  • March 23, 2021
    Introduced in Senate


  • March 23, 2021
    Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S1712-1713)


  • November 17, 2022

    Latest Companion Bill Action

    HR 117-5502
    Passed/agreed to in House: 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.

Commerce

Related Bills

  • HR 117-5502: INFORM Consumers Act
Bank accounts, deposits, capitalBusiness recordsConsumer affairsInternet and video servicesInternet, web applications, social mediaRetail and wholesale trades

INFORM Consumers Act

USA117th CongressS-936| Senate 
| Updated: 3/23/2021
Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act or the INFORM Consumers Act This bill requires online marketplaces to collect, verify, and disclose certain information from high-volume, third-party sellers. High-volume, third-party sellers include online marketplace participants that conduct 200 or more transactions resulting in total revenues of $5,000 or more during a continuous 12-month period. Online marketplaces must acquire these sellers' (1) bank account numbers, (2) government-issued identification, (3) tax identification numbers, and (4) contact information. Online marketplaces must verify this information and annually certify any changes to it. Further, online marketplaces must make certain information (e.g., sellers' names and contact information) available to consumers through the sellers' product listings and provide consumers with methods to report electronically and by telephone any suspicious activity on the marketplace. The bill provides the Federal Trade Commission with the authority to enforce these requirements.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-3431
INFORM Consumers Act
Mar 23, 2021
Introduced in Senate
Mar 23, 2021
Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S1712-1713)
Nov 17, 2022

Latest Companion Bill Action

HR 117-5502
Passed/agreed to in House: 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.
  • Bill from Previous Congress

    S 116-3431
    INFORM Consumers Act


  • March 23, 2021
    Introduced in Senate


  • March 23, 2021
    Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S1712-1713)


  • November 17, 2022

    Latest Companion Bill Action

    HR 117-5502
    Passed/agreed to in House: 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.
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (9)
Bill Cassidy (Republican)Mazie K. Hirono (Democratic)Thomas Tillis (Republican)Christopher A. Coons (Democratic)Amy Klobuchar (Democratic)Chuck Grassley (Republican)Marco Rubio (Republican)Raphael G. Warnock (Democratic)Richard Blumenthal (Democratic)

Commerce, Science, and Transportation Committee

Commerce

Related Bills

  • HR 117-5502: INFORM Consumers Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBusiness recordsConsumer affairsInternet and video servicesInternet, web applications, social mediaRetail and wholesale trades