Bill > HR1770

This bill, known as the Consumer Safety Technology Act, comprises three main components focused on emerging digital technologies. First, the AI for Consumer Product Safety Act directs the Consumer Product Safety Commission to establish a pilot program within one year to explore using artificial intelligence (AI) for tracking product-related injuries, identifying product hazards, monitoring recalled product sales, and screening imported products. The Commission must consult with various experts, including technologists, cybersecurity professionals, manufacturers, and consumer safety organizations, and will be required to submit a report to Congress detailing how AI improved their consumer product safety mission. Second, the Blockchain Innovation Act mandates that the Secretary of Commerce conduct a comprehensive study on blockchain technology's potential consumer protection applications, examining existing and emerging uses, investment trends, public-private partnership opportunities, benefits and risks, and potential regulatory modifications. Third, the Digital Taxonomy Act focuses on tokens (digital representations of information on blockchain), with the Federal Trade Commission required to submit a report on actions taken against unfair or deceptive token-related practices, prevention efforts, and recommendations for future consumer protection legislation. The bill reflects Congress's recognition of the importance of remaining innovative in emerging digital technologies while ensuring consumer safety and protection.

Business and Industry, Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/house-bill/1770/all-info