Bill Summary

by Calatayud

Third-party Sellers from Foreign Countries of Concern; Requiring an online marketplace to record certain information from a third-party seller to verify a third-party seller’s location; requiring an online marketplace to disclose to consumers that a third-party seller is located in or doing business from a foreign country of concern; authorizing an online marketplace to hold in an interest-bearing account the sales proceeds from transactions between consumers and third-party sellers living in or doing business from a foreign country of concern, etc. Effective Date: 7/1/2025

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