H.R. 1770

Consumer Safety Technology Act

Sponsor: Darren Soto

3 cosponsors

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Where it stands

Introduced Mar 3
Committee Mar 4
House of Representatives Jul 14
Senate Now
Law —

Introduced Mar 3
Committee Mar 4
House of Representatives Jul 14
Senate Now
Law —

Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. (Jul 15)

Votes

On Motion to Suspend the Rules and Pass · Passed, 336–36 House of Representatives · Roll Call 192 · Jul 14

Who voted how

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

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Sec. 1. Short title; table of contents Since introduced

Sec. 2. Definitions Since introduced

I Artificial Intelligence and Consumer Product Safety

Sec. 101. Short title Since introduced

Sec. 102. Pilot program for use of artificial intelligence by Consumer Product Safety Commission Since introduced

II Blockchain Technology Innovation

Sec. 201. Short title Since introduced

Sec. 202. Study on blockchain technology and its use in consumer protection Since introduced

III Token Taxonomy

Sec. 301. Short title Since introduced

Sec. 302. Findings Since introduced

Sec. 303. Report on unfair or deceptive acts or practices in transactions relating to tokens Since introduced

Not later than 1 year after the date of the enactment of this Act, the Federal Trade Commission shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate, and make publicly available on the website of the Commission, a report on—

(1) any actions taken by the Commission relating to unfair or deceptive acts or practices in transactions relating to tokens;

(2) any other efforts of the Commission to prevent unfair or deceptive acts or practices relating to tokens; and

(3) any recommendations by the Commission for legislation that would improve the ability of the Commission and other relevant Federal agencies to further protect consumers from unfair or deceptive acts or practices in the token marketplace.