The Terms-of-service Labeling, Design, and Readability Act, or TLDR Act, aims to enhance transparency and readability of online terms of service for consumers. It mandates that covered entities, which include commercial websites and online services (excluding small businesses), provide a short-form summary statement, a graphic data flow diagram, and their complete terms of service in an interactive data format. The Federal Trade Commission (FTC) is tasked with issuing rules within 360 days to implement these requirements, ensuring accessibility for individuals with low literacy and disabilities. The short-form summary statement must be prominently displayed and include crucial information such as categories of sensitive information processed, user legal liabilities and rights transferred (e.g., mandatory arbitration), historical versions, and data breach lists from the past three years. The graphic data flow diagram will illustrate how user sensitive information is shared with affiliates and third parties. Enforcement of these provisions falls under the FTC, treating violations as unfair or deceptive acts, and also allows State Attorneys General to bring civil actions on behalf of their residents.