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
I Artificial Intelligence and Consumer Product Safety
II Blockchain Technology Innovation
III Token Taxonomy
This title may be cited as the Digital Taxonomy Act.