Algorithmic Accountability Act of 2023
Latest action (21 Sep 2023): Introduced
What this bill does
Senate Bill 2892, the Algorithmic Accountability Act of 2023, would direct the Federal Trade Commission to write regulations requiring certain businesses that use automated decision-making systems—such as algorithms or AI tools that shape decisions about employment, housing, credit, healthcare, education, utilities, or legal services—to conduct ongoing "impact assessments." These assessments would evaluate how such systems affect consumers, including examining data sources, testing for differential effects across groups such as race, sex, age, or disability, consulting stakeholders, and documenting consumer notice and opt-out options. Covered businesses would have to keep records, submit annual and pre-deployment summary reports to the FTC, and try to fix significant negative impacts on consumers.
The requirements would apply to "covered entities," generally larger companies (based on revenue, equity value, or the number of consumers whose data they handle) that deploy or develop these automated systems for use in "critical decisions" affecting people's lives. Smaller businesses supplying systems to larger covered entities could also face disclosure obligations. Consumers would be affected indirectly, as the bill aims to increase transparency and accountability around algorithmic decisions that affect access to services.
The bill was introduced by Senator Ron Wyden and ten Democratic cosenators on September 21, 2023, and referred to the Senate Commerce, Science, and Transportation Committee. It has not received a committee vote or floor action. As with most introduced bills, it would need committee approval and passage by both chambers before becoming law; its current status is that of a proposal awaiting further legislative action.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill was introduced on September 21, 2023, in a previous session of Congress, but it did not receive a vote.
Common questions
- What does S. 2892 do?
- Senate Bill 2892, the Algorithmic Accountability Act of 2023, would direct the Federal Trade Commission to write regulations requiring certain businesses that use automated decision-making systems—such as algorithms or AI tools that shape decisions about employment, housing, credit, healthcare, education, utilities, or legal services—to conduct ongoing "impact assessments." These assessments would evaluate how such systems affect consumers, including examining data sources, testing for differential effects across groups such as race, sex, age, or disability, consulting stakeholders, and documenting consumer notice and opt-out options. Covered businesses would have to keep records, submit annual and pre-deployment summary reports to the FTC, and try to fix significant negative impacts on consumers. The requirements would apply to "covered entities," generally larger companies (based on revenue, equity value, or the number of consumers whose data they handle) that deploy or develop these automated systems for use in "critical decisions" affecting people's lives. Smaller businesses supplying systems to larger covered entities could also face disclosure obligations. Consumers would be affected indirectly, as the bill aims to increase transparency and accountability around algorithmic decisions that affect access to services. The bill was introduced by Senator Ron Wyden and ten Democratic cosenators on September 21, 2023, and referred to the Senate Commerce, Science, and Transportation Committee. It has not received a committee vote or floor action. As with most introduced bills, it would need committee approval and passage by both chambers before becoming law; its current status is that of a proposal awaiting further legislative action.
- Has S. 2892 become law?
- Not yet. As of 21 Sep 2023, S. 2892 is introduced.
- Who sponsored S. 2892?
- S. 2892 was sponsored by Sen. Ron Wyden [D-OR] (Democrat-OR), with 11 cosponsors.
- What's the latest action on S. 2892?
- Introduced (21 Sep 2023).
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