Disclaimer: This page provides general informational summaries only and does not constitute legal advice. AI-generated content may contain errors. Always consult a qualified attorney for guidance specific to your situation.
Read full disclaimer →
AI Summary
IL HB5323 requires disclosure of algorithmic pricing, with exceptions set forth and a conforming change to the Consumer Fraud Act.
Business Impact
If you set prices using algorithms in Illinois, you must disclose that the price is based on personal data or face penalties.
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
ALGORITHMIC PRICING DISCLOSURE — Track this IL bill and its compliance implications at AI Laws by State, noting exceptions and amendments.
Key Provisions
- Entities must disclose when prices are set using personalized algorithmic pricing, with exceptions set forth.
- The exact wording for the disclosure is not detailed in the bill description.
- The bill's description mentions a conforming change to the Consumer Fraud and Deceptive Business Practices Act, and a violation constitutes an unlawful practice under this Act.
- The Act takes effect immediately upon becoming law.
Latest Legislative Action
Rule 19(a) / Re-referred to Rules Committee
Bill Sponsors (showing 5 of 20)
| Name | Role |
|---|---|
| Abdelnasser Rashid D | Primary |
| Eva Dina Delgado | Primary |
| Jack D. Franks | Primary |
| Jerry Costello, II | Primary |
| John E. Bradley | Primary |
Compliance Checklist
Provide clear disclosure of algorithmic pricing based on personal data.
Who: Any entity using personalized algorithmic pricing.
Deadline: Immediately upon the Act becoming law.
Penalty: Classified as an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act.
Who: Any entity using personalized algorithmic pricing.
Deadline: Immediately upon the Act becoming law.
Penalty: Classified as an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act.
Related & Companion Bills
Full Legal Analysis
Enhanced with gpt-4o & verified with gpt-4o. Previous score: 85%. The bill mandates disclosure when prices are set using personalized algorithmic pricing, with exceptions set forth in the bill. The exact wording for the disclosure is not detailed in the bill description. The bill's description mentions a conforming change to the Consumer Fraud and Deceptive Business Practices Act, and a violation constitutes an unlawful practice under this Act. The Act takes effect immediately upon becoming law.
Official Source
Official Bill Text
View HB5323 on official legislature website →
Related Topics
Affected Industries
More Illinois AI Legislation
View All IL Laws →More Illinois AI Laws
Browse all published AI bills and regulations for Illinois.