SB 5062 – Online consumer protection

Concerning online marketplace consumer protection caused by organized retail crime.

Sponsors: Lovick, Kuderer, King, Salomon, Short, Conway, Dhingra, Robinson, Stanford, Torres, Wellman, Wilson, C., Wilson, L.

Status: DEAD

Summary

• Requires online marketplaces to obtain and verify banking, contact, and tax info from high-volume third-party sellers; disclose of contact and business info for such sellers; and provides a mechanism for consumers to report suspicious activity.
• Provides for enforcement through the Consumer Protection Act; grants the Attorney General enforcement authority; and authorizes the Attorney General to develop certain implementing regulations.
• Preempts local requirements for online marketplaces to verify or disclose information from high-volume third-party sellers.