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<xml>
<title>Illinois General Assembly - Bill Status for HB 5578         </title>
<shortdesc>DISCOLSURE ONLINE MARKETPLACES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Ann M. Williams</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>     Creates the Information Disclosure by Online Marketplaces Act. Provides that a third-party seller who, in any continuous 12-month period during the immediately preceding 24 months, has engaged in at least 200 discrete sales or transactions of new or unused consumer products that have resulted in a total of at least $20,000 in gross revenues shall provide an online marketplace with specified information within 24 hours after becoming a high-volume third-party seller. Provides that an online marketplace shall verify information provided by the high-volume third-party seller. Provides that for consumer products offered for sale on an online marketplace by a high-volume third-party seller, the online marketplace shall disclose specified information in a conspicuous manner. Provides that the Department of Labor may adopt rules necessary to implement the Act.</SynopsisText></synopsis>
<actions>
<statusdate>1/28/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Ann M. Williams</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

