Bill > HR5511

This bill, known as the Algorithmic Accountability Act of 2025, directs the Federal Trade Commission (FTC) to establish comprehensive requirements for companies using sophisticated computational algorithms that make critical decisions affecting consumers' lives. The bill requires covered entities (generally large companies with significant technological capabilities) to conduct thorough impact assessments of their algorithms, examining potential privacy risks, performance disparities, stakeholder consultations, and potential negative consequences across various domains like employment, healthcare, housing, and financial services. Companies must submit annual summary reports to the FTC detailing their algorithm's design, testing, potential biases, and mitigation strategies, and the FTC will create a publicly accessible repository to increase transparency. The legislation mandates that companies evaluate their algorithms for fairness, privacy, security, and potential discriminatory effects, and provides mechanisms for consumers to contest algorithmic decisions. Additionally, the bill establishes a new Bureau of Technology within the FTC to provide technical expertise, authorizes increased personnel for enforcement, and allows state attorneys general to take legal action against violations. The act does not preempt existing state or local laws and aims to promote responsible algorithmic development by requiring ongoing assessment and accountability.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/5511/all-info