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AI Summary
HB665 proposes to regulate pricing algorithms by amending sections 1331.01, 1331.04, and 1331.16, and enacting sections 1331.05 and 1331.50. Specific details will be included once the full bill text is available.
Business Impact
If you use pricing algorithms, you must comply with new regulations once enacted.
What do these statuses mean? ▼
Introduced
— Filed in the legislature; not yet heard in committee
In Committee
— Assigned to and being reviewed by a legislative committee
Passed
— Approved by one or both chambers; awaiting further action
Signed / Enacted
— Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed
— Vetoed, failed to pass, or session expired without action
Unknown
— Status data not yet available or awaiting classification
Affected Industries
Topics How we classify →
What This Means
HB665, introduced in Ohio, aims to regulate pricing algorithms by amending sections 1331.01, 1331.04, and 1331.16, and enacting sections 1331.05 and 1331.50. Detailed analysis will follow upon release of the full text.
Key Provisions
- Amends sections 1331.01, 1331.04, and 1331.16 of the Revised Code.
- Enacts new sections 1331.05 and 1331.50 to regulate pricing algorithms. Detailed provisions will be provided once the full text is available.
Latest Legislative Action
Referred to committee: Technology and Innovation
Bill Sponsors (showing 5 of 45)
| Name | Role |
|---|---|
| Adam Miller, A. | Primary |
| Christine Cockley D | Primary |
| Dan Ramos | Primary |
| Don Jones | Primary |
| Latyna Humphrey D | Primary |
Compliance Checklist
Demonstrate compliance with pricing algorithm regulations
Who: Businesses using pricing algorithms
Deadline: To be determined upon enactment
Penalty: Potential legal repercussions or fines
Who: Businesses using pricing algorithms
Deadline: To be determined upon enactment
Penalty: Potential legal repercussions or fines
Maintain records of pricing algorithm decisions
Who: Businesses using pricing algorithms
Deadline: To be determined upon enactment
Penalty: Potential legal repercussions or fines
Who: Businesses using pricing algorithms
Deadline: To be determined upon enactment
Penalty: Potential legal repercussions or fines
Related & Companion Bills
Full Legal Analysis
HB665 is a legislative proposal introduced in Ohio with the objective of regulating the use of pricing algorithms. The bill seeks to amend sections 1331.01, 1331.04, and 1331.16 of the Ohio Revised Code and to enact new sections 1331.05 and 1331.50. The specific content of these amendments and new enactments is not detailed in the available source material, as the full text of the bill is not provided. Therefore, the exact nature of the regulations, including any compliance requirements or penalties for non-compliance, cannot be determined at this time. A detailed analysis will be necessary to understand the specific regulations and their impact once the full text is available.
Official Source
Official Bill Text
View HB665 on official legislature website →
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