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Consumer Safety Technology Act

6/11/2024, 4:06 PM

Summary of Bill HR 4814

The Consumer Safety Technology Act, also known as Bill 118 hr 4814, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to improve consumer safety by promoting the development and implementation of new technologies.

One key aspect of the Consumer Safety Technology Act is the establishment of a grant program to fund research and development of innovative safety technologies. These technologies could include things like improved product labeling, enhanced safety features, and better tracking systems for recalls.

Additionally, the bill aims to increase collaboration between government agencies, industry stakeholders, and consumer advocacy groups to ensure that new technologies are effectively implemented and enforced. This would help to streamline the process of bringing new safety technologies to market and ensure that they are widely adopted. Overall, the Consumer Safety Technology Act is focused on harnessing the power of technology to enhance consumer safety and protect the public from potential hazards. By encouraging innovation and collaboration, this bill has the potential to make a significant impact on the safety of products and services available to consumers in the United States.

Congressional Summary of HR 4814

Consumer Safety Technology Act

This bill establishes a pilot program to explore the use of artificial intelligence to support the Consumer Product Safety Commission (CPSC).

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.

Current Status of Bill HR 4814

Bill HR 4814 is currently in the status of Introduced to Senate since May 15, 2024. Bill HR 4814 was introduced during Congress 118 and was introduced to the House on July 20, 2023.  Bill HR 4814's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of May 15, 2024

Bipartisan Support of Bill HR 4814

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
4
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4814

Primary Policy Focus

Commerce

Potential Impact Areas

- Advanced technology and technological innovations
- Competition and antitrust
- Computers and information technology
- Congressional oversight
- Consumer affairs
- Currency
- Digital media
- Financial services and investments
- Fraud offenses and financial crimes
- Government information and archives
- Government studies and investigations
- Internet and video services
- Internet, web applications, social media
- Product safety and quality
- Public-private cooperation
- Retail and wholesale trades
- Trade restrictions

Alternate Title(s) of Bill HR 4814

Consumer Safety Technology Act
Blockchain Innovation Act
Consumer Safety Technology Act
AI for Consumer Product Safety Act
Digital Taxonomy Act
Digital Taxonomy Act
AI for Consumer Product Safety Act
Blockchain Innovation Act
Consumer Safety Technology Act
Blockchain Innovation Act
AI for Consumer Product Safety Act
Consumer Safety Technology Act
Digital Taxonomy Act
To direct the Consumer Product Safety Commission to establish a pilot program to explore the use of artificial intelligence in support of the mission of the Commission and to direct the Secretary of Commerce and the Federal Trade Commission to study and report on the use of blockchain technology and tokens, respectively
To direct the Consumer Product Safety Commission to establish a pilot program to explore the use of artificial intelligence in support of the mission of the Commission and to direct the Secretary of Commerce and the Federal Trade Commission to study and report on the use of blockchain technology and digital tokens, respectively.

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