S 3386 · 111th Congress · Commerce
Restore Online Shoppers' Confidence Act
Bill Progress
1
Introduced✓
Committee✓
Senate Vote✓
House✓
EnactedLatest: Became Public Law No: 111-345.(2010-12-29)
Plain Language Summary
[AI summary unavailable — showing source text]
Restore Online Shoppers' Confidence Act - Defines "post-transaction third party seller" as a person that: (1) sells, or offers for sale, any good or service on the Internet; (2) solicits purchases on the Internet through an initial merchant after the consumer has initiated a transaction with the initial merchant; and (3) is not a subsidiary or corporate affiliate of the initial merchant. Makes it unlawful for any post-transaction third party seller to charge or attempt to charge any such financial account in an Internet-based transaction, unless: (1) before obtaining the purchaser's billing information, the seller has disclosed all material terms, including the fact that the such seller is not affiliated with the initial merchant; and (2) the seller has received the express informed consent. Makes it unlawful for an initial merchant to disclose such financial account number or other billing information to any such seller (sometimes referred to as a data-pass). Makes it unlawful, subject to exception, for any person to charge or attempt to charge a consumer for goods or services sold in an Internet-based transaction through a negative option feature. Defines "negative…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeS. 3386, Restore Online Shoppers' Confidence Act
Jul 14, 2010<p>Cost estimate for the bill as ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 9, 2010</p>
Full CBO report ↗S. 3386, Restore Online Shoppers' Confidence Act
Jul 14, 2010Cost estimate for the bill as ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 9, 2010
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (5)
4 Democrats1 Republican