H.R. 1770
Consumer Safety Technology Act
Sponsor: Darren Soto
3 cosponsors
Official summary
Written by the Congressional Research Service.
Consumer Safety Technology Act
This bill (1) establishes a pilot program to explore the use of artificial intelligence to support the Consumer Product Safety Commission (CPSC), and (2) requires reports related to blockchain technology and digital tokens.
Specifically, the CPSC must consult with relevant stakeholders, such as data scientists and product manufacturers, and use artificial intelligence for a least one of the following purposes: (1) tracking trends in injuries involving consumer products, (2) identifying consumer product hazards, (3) monitoring the sale of recalled consumer products, or (4) identifying consumer products that do not meet specified importation requirements related to product safety.
The bill also requires (1) the Department of Commerce to report on existing and emerging uses of blockchain technology for consumer protection, and (2) the Federal Trade Commission to report on its efforts to prevent unfair or deceptive practices relating to digital tokens.
Text of the bill
(a) Short title. This Act may be cited as the Consumer Safety Technology Act.
(b) Table of contents. The table of contents for this Act is as follows: Sec. 1. Short title; table of contents.Sec. 2. Definitions.Title I—Artificial Intelligence and Consumer Product SafetySec. 101. Short title.Sec. 102. Pilot program for use of artificial intelligence by Consumer Product Safety Commission.Title II—Blockchain Technology InnovationSec. 201. Short title.Sec. 202. Study on blockchain technology and its use in consumer protection.Title III—Token TaxonomySec. 301. Short title.Sec. 302. Findings.Sec. 303. Report on unfair or deceptive acts or practices in transactions relating to tokens.
I Artificial Intelligence and Consumer Product Safety
II Blockchain Technology Innovation
III Token Taxonomy