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FL S1072
Bill
AI Summary
- Online marketplaces must require high-volume third-party sellers (those with 200+ sales and $5,000+ in gross revenue over any 12-month period within the prior 24 months) to provide bank account information, government-issued ID, tax identification numbers, and contact details within 24 hours of qualifying
- Marketplaces must verify seller-provided information within 3 days of receipt and annually notify sellers to certify their information is current or provide updates, suspending sellers who fail to respond within 3 days
- High-volume third-party sellers must conspicuously disclose their full name, physical address, phone number, email address, and whether they manufacture, import, or resell products on each product listing or via a linked page
- Partial disclosure of identity information is permitted when sellers lack a business address or business phone number, but marketplaces must revoke this allowance within 3 business days if a seller made false representations or fails to respond to consumer inquiries
- Violations are enforceable under Florida's Deceptive and Unfair Trade Practices Act, the Department of Legal Affairs may adopt implementing rules, and regulation of these disclosure requirements is preempted to the state, prohibiting local governments from imposing their own requirements
Legislative Description
Online Marketplace Transparency
Last Action
Died in Judiciary
4/30/2021
Committee Referrals
Judiciary3/30/2021
Commerce And Tourism2/10/2021
Full Bill Text
No bill text available